Business News
Minister Luhut is Confident in Indonesia's Economy Growing by 6% in 2025
Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, is optimistic about Indonesia's economic growth, foreseeing a potential growth rate of 6% by 2025-2026. Luhut believes that Indonesia's economy will improve and continue to grow compared to recent years when economic growth has hovered around 5%. His optimism stems…
Property Sector Takes the Lead in Driving Indonesia's Economy
The property industry stands out as one of the key drivers of Indonesia's economic growth, contributing significantly to the GDP. In the second quarter of 2023, it recorded growth of 9.43% for the construction sector and 2.40% for the real estate sector. Although the real estate sector showed a 12.30%…
Indonesia's Trade Balance Records USD 3.12 Billion Surplus in August
The Minister of Trade announced that Indonesia's trade balance in August 2023 registered a trade surplus of USD 3.12 billion. The surplus in August comprises a non-oil and gas surplus of USD 4.47 billion and an oil and gas deficit of USD 1.34 billion. Indonesia's trade balance also recorded a…
Sukabumi Elevates Ornamental Flowers As A Leading Product
The Sukabumi Regency Agriculture Office (Distan) has designated ornamental and cut flowers as a leading product for small and medium-sized enterprises (SMEs) to boost the local economy's growth in the agricultural sector. Ornamental and cut flowers from Sukabumi Regency are already widely recognized, both domestically and internationally. However, we aim…
