Business News
Sri Mulyani Targets IDR 7.500 Trillion Investment by 2026, While Bappenas Sets IDR 8.365 Trillion
On 1 July 2025, during a plenary meeting of the House of Representatives (DPR), Finance Minister Sri Mulyani Indrawati revealed that a minimum of IDR 7.5 trillion in investment is required in 2026 to achieve the 8% economic growth target. In order to achieve optimal economic growth, Sri Mulyani estimates…
Krakatau Steel Exported 2,400 Tons of Steel Products to European Markets
In June 2025, subsidiary PT Krakatau Baja Industri of PT Krakatau Steel (Persero) Tbk. exported CRC steel products to the European market. The shipment, weighing 2,400 tonnes, was transported from Krakatau International Port in Cilegon to Szczecin Port in Poland. This volume is targeted to increase to approximately 5,000 tonnes…
Central Java and Singapore: Explore Investment Opportunities to Develop a Green Economy
On 1 July 2025, Central Java Governor Ahmad Luthfi and Deputy Governor Taj Yasin received a visit from Singapore's Ambassador to Indonesia, Kwok Fook Seng, at the Governor's Office. During the visit, investment opportunities from Singapore were discussed for developing a green economy in Central Java, particularly in several industrial…
West Java’s Exports in May 2025 Reach USD 3.3 Billion
The Central Bureau of Statistics (BPS) of West Java reported that the province’s export performance in May 2025 reached USD 3.33 billion, marking a 20.54% increase compared to April 2025. Despite the pressure from the U.S. trade tariffs under Trump’s administration, West Java continued to post a trade surplus. BPS…
