Business News

The government is Optimistic that Economic Growth will Reach Another 5.3% in 2023

The Coordinating Minister for the Economy Airlangga Hartarto, stated that the Government has targeted economic growth in 2023 of 5.3 percent year on year. This was conveyed by the Coordinating Minister for Airlangga Press Conference: Indonesia's Q4 2022 Economic Growth, online, Monday (6/2/2023). "The government has standardized and prepared a…

ESDM Still Evaluating the 2023 Copper Export Permit Extension Plan

The Ministry of Energy and Mineral Resources (ESDM) is still evaluating plans to apply for an extension of PT Freeport Indonesia's (PTFI) copper concentrate export license for the 2023 period. Special Staff to the Minister of Energy and Mineral Resources Irwandy Arif said his ministry was still studying a number…

Government Claims Bali Turtle SEZ Can Donate IDR 477 Trillion

The Coordinating Minister for the Economy Airlangga Hartarto projects that the Bali Turtles Special Economic Zone (SEZ) can contribute to the country's foreign exchange in the long term. Cumulatively, the value until 2052 is estimated at Rp. 477 trillion. With a total investment value of IDR 104 trillion, in addition…

KKP Opens Investment Door in Cenderawasih Bay Area

The Ministry of Maritime Affairs and Fisheries (KKP) opens opportunities for anyone to develop the marine and fisheries sector in the Cenderawasih Bay area, Papua.The Ministry of Maritime Affairs and Fisheries demonstrated opportunities that could be optimized in Biak Numfor, Sarmi, Yapen Islands and Waropen Regencies through the Maritime and…
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