Tag Archives: businessdevelopment

Indonesian Finance Minister and South Korean Minister Discuss Economic Developments

Indonesia3000: Indonesian Business Services Provider Posted on by

Jakarta (ANTARA) – Finance Minister Sri Mulyani Indrawati met with Deputy Prime Minister and Economy and Finance Minister of the Republic of Korea, Choo Kyung-ho, in South Korea to discuss recent economic developments in the two countries. The meeting took place on May 3, 2023. “We agree that the two countries can work together in building stronger bilateral trade and investment activities to support the economic recovery of each country,” Indrawati said in a post on her official Instagram account @smindrawati on Thursday (May 4). During the meeting, she also sought South Korea’s views on Indonesia’s chairmanship of the 2023 ASEAN in … Continue reading →

3 Days in Germany, RI Pocketed 27 Business Deals Worth Nearly IDR 28 Trillion

Indonesia3000: Indonesian Business Services Provider Posted on by

After visiting Germany for three days, Indonesian President Joko Widodo (Jokowi) managed to secure 27 business deals with an investment value of US$1.98 billion or Rp.27.9 trillion. This good news was stated directly by the Coordinating Minister for the Economy Airlangga Hartarto when opening the Indonesian Pavilion at Hannover Messe. Of the total cooperation that was successfully bagged, 1 of them was in the form of intergovernmental agreements (Government to Government/G2G), 4 agreements between the government and business actors (G2B), while 22 others were agreements between companies (B2B). According to Airlangga, this cooperation can absorb up to 18,000 workers. In this biggest … Continue reading →

Foreign Capital of IDR 4.23 Trillion Enters Indonesia in the First Week of April

Indonesia3000: Indonesian Business Services Provider Posted on by

Bank Indonesia (BI) reported that non-resident foreign capital inflows into the domestic financial market amounted to IDR 4.23 trillion, according to transaction data April 3-5 2023. Erwin Haryono, as the Executive Director of the BI Communication Department explained, the nominal was obtained based on the accumulation of sales of Government Securities (SBN) worth Rp. 2.13 trillion plus a net purchase of Rp. 2.10 trillion on the stock market. “During 2023, based on settlement data up to April 5, 2023, non-residents bought IDR 59.00 trillion net on the SBN market and IDR 4.65 trillion net bought on the stock market,” said Erwin in … Continue reading →

Digital economy expected to continue to improve: Minister Hartarto

Indonesia3000: Indonesian Business Services Provider Posted on by

Jakarta (ANTARA) – Indonesia’s digital economy is projected to continue to grow due to the high Internet penetration rate of around 78 percent and the country’s large population, according to Coordinating Minister for Economic Affairs, Airlangga Hartarto. “In 2022, 40 percent of the world’s total digital transactions were made from Indonesia, namely US$77 billion. With the majority of the population entering the productive age, Indonesia’s digital economy will continue to grow,” he said on Wednesday. Hartarto made the statement virtually at the launch of the East Ventures Digital Competitiveness Index (EV-DCI) 2023: Digital Justice for All Indonesian People report in Jakarta. According … Continue reading →

Indonesia’s Manufacturing Sector Continues to Expand, Industry Players Optimistic

Indonesia3000: Indonesian Business Services Provider Posted on by

The performance of the non-oil and gas processing industry sector in Indonesia was still maintained stably in the middle of the first quarter of this year. The news provides optimism and motivation to achieve better results in the future. Sourced from Indonesia.go.id, in the S&P Global report in early March 2023, they released the Indonesian Manufacturing Purchasing Managers’ Index (PMI). The report shows that Indonesia’s Manufacturing PMI remains at 51.2, indicating expansion in February. Indonesia’s manufacturing PMI results in the second month of this year also show that Indonesia’s manufacturing sector remains strong and has been able to sustain its 18th consecutive … Continue reading →