Jakarta, Nov. 10 -- Deputy Minister of Investment and Downstreaming Todotua Pasaribu stated that the issuance of around three million business identification numbers (NIBs) in the first year of President Prabowo Subianto's administration reflects continued economic growth.

He noted that within the first year of Prabowo's leadership, the number of NIBs issued through the Online Single Submission (OSS) system rose from 10.6 million to 14 million.

"This is a very significant figure. It shows that Indonesia's business climate and economy remain strong and continue to grow," Pasaribu said in a statement on Monday.

He added that the increasing number of registered businesses demonstrates the public's growing confidence in Indonesia's transpa...