Business News
Bank Indonesia Introduces 7 Policy Strategies to Strengthen Economic Growth
Bank Indonesia (BI) has unveiled seven key policy strategies to ensure economic stability and sustainable growth. Governor Perry Warjiyo announced these measures in a virtual press conference on February 19, 2025. These strategies include enhancing monetary operations, stabilizing the Rupiah, optimizing export earnings utilization, and boosting macroprudential liquidity incentives. Additionally,…
Nickel Downstreaming: A Strategic Move for Industrial Growth and National Economic Advancement
The Indonesian government continues to promote nickel downstreaming as a key strategy to drive industrial growth and enhance the national economy. Vice Chairman of Commission XII of the House of Representatives (DPR RI), Sugeng Suparwoto, emphasized the importance of increasing the value chain in the mining sector, particularly in nickel,…
Indonesia to Become Global South Manufacturing Centre
Hashim Djojohadikusumo revealed that Indonesia is to become a manufacturing centre for the Global South (covering Asia, Africa and Latin America), following a meeting with Toyota Indonesia. The company has expressed a keen interest in making Indonesia a manufacturing centre for the southern region and currently exports cars to 80…
Indonesia and Norway Extend Forestry Partnership
The governments of Indonesia and the Kingdom of Norway have agreed to extend their partnership on climate and forestry issues until 2030. This move will strengthen their collaboration and underline their commitment to achieving ambitious targets. Norway has contributed USD 216 million towards Indonesia's verified results in reducing emissions from…
