Business News

Last Year's End, DIY Export Value Increased by 14.2 Percent

The Central Statistics Agency (BPS) of the Special Region of Yogyakarta (DIY) recorded that the export value in December 2024 reached USD 59.35 million. This figure increased by 14.24 percent compared to November 2024. When compared to December 2023, DIY exports experienced a significant increase of 26.30%. The data was…

Bukit Asam Coal Sales Reach 42.9 Million Tons in 2024, Highest in History

PT Bukit Asam Tbk (PTBA) has successfully recorded the highest sales record in history, as seen from the total coal sales throughout 2024 reaching 42.9 million tons or growing 16% annually (year on year/yoy). As a comparison, Bukit Asam's coal sales achieved in the last four years, namely in 2020…

Danantara Potentially Attract Foreign Investment and Promote Economic Growth

The presence of the Daya Anagata Nusantara Investment Management Agency (Danantara) is said to create opportunities for achieving economic growth of 8%, by attracting foreign direct investment to Indonesia. Following the recent revision of the State-Owned Enterprise (BUMN) Law, according to BUMN observer Toto Pranoto from the University of Indonesia,…

Ministry of Labour Urges Immediate Completion of Drafting for the Labour Law

The revision of the Labour Law is an initiative of the House of Representatives. Minister of Labour Yassierli said that the ministry supports drafting the revised law and will assist in several technical matters. The follow-up plan for the revision of the Labour Law includes the revision of government regulations…
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