Business News

Jokowi: Downstreaming Boost Mining Export Performance

Downstream policies, especially mining commodities, have resulted in an increase in export output, which in turn has improved the trade balance. President Joko Widodo believes that the trade balance between Indonesia and China will be in a surplus this year. "Our trade balance. I remember, 2012 with China minus USD…

The Ministry of National Development Planning Claims More than 100 IKN Investors, From China to Europe

The Minister of National Development Planning/Head of Bappenas, Suharso Monoarfa, revealed that the number of investors in the National Capital City of the Archipelago (IKN Nusantara) is increasing, reaching more than 100 queues. Suharso explained, if the detailed plans for IKN development have been completed, investors will naturally be interested…

The Ministry of Public Works and Public Housing Starts Building a National Road Towards IKN Nusantara

The Ministry of Public Works and Public Housing (PUPR) started the construction of the Sepaku Ring Road, which is the main national access road to the new capital city of archipelago or IKN Nusantara. PUPR Minister Basuki Hadimuljono said the construction of the IKN Nusantara had entered the land development…

Foreign Tourist Visits Grow Nearly 2000% in June 2022

Minister of Tourism and Creative Economy (Menparekraf) Sandiaga Salahuddin Uno revealed that foreign tourist visits to Indonesia experienced a significant spike in June 2022, reaching 350,000 visits, an increase of almost 2,000 percent compared to June 2021, based on data from the Central Statistics Agency (BPS). This positive growth is…
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