Business News
Minister: UMKM Boosts Indonesia's Investment and Export Growth
Coordinating Minister for Human Development and Culture, Muhadjir Effendy, said that Micro, Small, and Medium Enterprises (MSMEs) play a significant role in boosting investment and exports in Indonesia in the virtual opening of the International MSME Day 2023 event on March 27th, 2023. MSMEs have contributed greatly to the growth…
Revving Up the Competition: Ministry of Industry Drives Support for Indonesia's Automotive Industry
The Ministry of Industry is making efforts to boost the competitiveness of Indonesia's automotive industry by facilitating the development of an electric vehicle ecosystem. The development of this ecosystem is not limited to just producing electric vehicles, but also includes supporting components, infrastructure, and regulations. The Ministry is providing incentives…
Indonesia Invites the Philippines to Concretize Cooperation in Nickel Downstreaming
ASEAN Business Advisory Council (ASEAN-BAC) Arsjad Rasjid said that his party continues to build business dialogue with the Philippine government regarding the potential for concrete partnership projects in three ways. First, the creation of added value for nickel and other mineral mines.Second, support the forest regeneration agenda which is in…
Indonesian Ambassador to Cairo: Tens of Tons of Indonesian Cocoa Powder Exported to Egypt
On March 27, 2023, the Indonesian Ambassador, Lutfi Rauf accompanied by the Trade Attache and Coordinator of Economic Functions of the Indonesian Embassy in Cairo witnessed the signing of a contract for the import of cocoa powder products in the amount of 25 MT worth USD 47,500 (Rp. 717 million…
