Business News
Boosting Economic Growth, Government Targets Foreign Investment to Increase 30%
Investment Minister Bahlil Lahadalia is optimistic that the investment realization target of IDR 1,200 trillion this year can be achieved. For this reason, he targets foreign investment to increase by 30% this year. "In 2022, our investment target is IDR 1,200 trillion, this is a big burden," Bahlil said at…
Demand for Feed Supplements to Europe and the Middle East Increases After the Odicoff
Export demand for animal feed supplements to Europe and the Middle East has experienced a sharp increase. This follows after the Ministry of Agriculture held One Day with Indonesian Coffee, Fruits, and Floriculture which was held in 10 European countries in 2021. Minister of Agriculture Syahrul Yasin Limpo (Mentan SYL)…
Jokowi Proud of Indonesian Automotive Products Exported to 80 Countries
President Joko Widodo (Jokowi) said he was proud of the achievement of exports of automotive products made in Indonesia, which penetrated 80 countries on four continents. Jokowi conveyed that the products exported were not only spare parts but also four-wheeled vehicles. Although not under the name of an Indonesian brand,…
Indonesia's Trade Balance Surplus US$ 930 Million in January 2022
The Statistics Indonesia (BPS) stated that Indonesia experienced a trade balance surplus of US$ 930 million in January 2022. Thus, Indonesia recorded a surplus for 21 consecutive months. Even though the surplus is actually a smaller number compared to December 2021, which was still US$ 1.02 billion. "In January 2022,…
