Manufacturing Industry is Predicted to Grow Further in 2024
According to reporting from Vietnam Plus, Indonesia’s Minister of Industry Agus Gumiwang Kartasasmita is predicting that the country’s manufacturing industry will grow by 5.8-percent in 2024 amidst the challenge of global geoeconomic and geopolitical impacts. Agus said that the manufacturing industry is playing its role as the backbone of national economic growth, noting that the government has well managed
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BI Moves Forward with Wholesale CBDC Trials
Bank Indonesia (BI) has published the results of a public consultation probing into the viability of central bank digital currencies (CBDC), hinting at a three-pronged approach, according to reporting by CoinGeek. The central bank confirmed in a 33-page report that it will pursue the development of a wholesale CBDC it dubbed Project Garuda to keep pace with the changing
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BPS: Indonesia Records Trade Surpluses for Forty-Four Consecutive Months
According to Statistics Indonesia (BPS) Deputy for Distribution and Service Statistics, Pudji Ismartini, Indonesia recorded a surplus of USD 3.31-billion in its trade balance in December 2023, marking its 44th consecutive monthly surplus since May 2020, Antara News is reporting. Ismartini noted that in December 2023, Indonesia had enjoyed trade surpluses with India, the United
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Minister Urges Youth to Help Achieve the Goal of a Golden Indonesia
Speaking after the “Golden Indonesia Roadshow” in Jakarta on Monday (15/1/24,) Indonesia’s Minister of Investment and head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, has urged young Indonesians to collaborate with the government to realize the Golden Indonesia 2045 vision, according to reporting from Antara News. “The young human resources are important, and the
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