Business News
Upstream Oil And Gas Investment Serves As A Key Driver Of Regional Economy
The Minister of Investment/Head of the Investment Coordinating Board (BKPM) has stated that upstream oil and gas investments play a pivotal role in boosting regional economies. One of the drivers of regional economies is investments in upstream oil and gas, and we can demonstrate this through our investment target for…
Indonesia's First Oolong Tea Export to Vietnam
PT Perkipunan Nusantara (PTPN) has achieved a significant milestone by exporting its first batch of oolong tea to India in collaboration with PT Suntory Garuda Beverage Company. This marks the beginning of a strategic partnership aimed at supplying high-quality beverage raw materials globally, with a focus on the Asian market.…
Minister Airlangga: Indonesia is a Global Destination for Property Investment
Indonesia stands out as a prime global property investment destination, driven by its substantial market size and various favorable factors. Coordinating Minister for Economic Affairs, Airlangga Hartarto, noted that Indonesia, with its fourth-largest population worldwide at around 273 million people, is poised for increased property demand, particularly in the realm…
Indonesia's Manufacturing PMI Still Expansive, Outperforming Europe and the US
The national manufacturing sector continues to show resilience amidst global economic dynamics. In August 2023, Indonesia's Manufacturing Purchasing Managers' Index (PMI) reached 53.9, surpassing Europe's 43.5, the United States' 47.9, and Japan's 49.6. This was highlighted by Finance Minister Sri Mulyani during the APBN KiTa Press Conference in September 2023.…
