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Indonesia and Saudi Arabia have well-established economic-related bilateral relations. In 2022, bilateral trade between Indonesia and Saudi Arabia reached US$7.5 billion, with exports reaching US$2 billion and imports reaching US$5.5 billion.
As one of Indonesia's three priority issues for ASEAN 2023, the government continues to support the digital economy to speed up the transformation of this sector and to improve digital infrastructure.
The furniture industry is one of the labor-intensive industries bolstering Indonesia's export growth. Presently, the furniture industry can absorb a workforce of more than 143 000 people, and 1,114 businesses have joined the industry.
Vice President Ma'ruf Amin stated that the Indonesian diaspora contributes to Indonesia's advancing economic growth since it plays a crucial role in the introduction of various halal products owned by domestic business actors.Vice President Ma'ruf Amin stated that the Indonesian diaspora contributes to Indonesia's advancing economic growth since it plays a crucial role in the introduction of various halal products owned by domestic business actors.
Jakarta, InfoPublik - The government has decided to ban the export of bauxite ore which will take effect in June 2023. This policy encourages the better domestic bauxite processing industry.
Jakarta, InfoPublik - The construction of the Makassar-Parepare railway line with a length of 144 km is one of the important achievements of the Directorate General of Railways (DJKA) this year.
Jakarta, InfoPublik - Bank Indonesia (BI) has once again expanded its payment cooperation network with international strategic partners. The expansion of this cooperation was carried out between BI and Japan’s Ministry of Economy, Trade, and Industry (METI) through the signing of a Memorandum of Cooperation (NK) regarding QR-based payment.
Jakarta, InfoPublik - President Joko “Jokowi” Widodo called on his administration to carry out an accurate calculation of various potential global uncertainties that may occur, including the potential for a food crisis, especially for the rice commodity in the country.