Business News
Ministry Promotes Hexahelix Collaboration to Strengthen Batik Industry
The Ministry of Tourism and Creative Economy (Kemenparekraf) is championing a collaborative hexahelix model—linking associations, government, private sector, academia, financial institutions, and communities—to empower the batik industry, particularly in West Java. Minister Teuku Riefky emphasized the importance of preserving traditional arts like batik through innovation and cooperation, aiming to not…
Ministry Prepares Cattle Ranching Land in NTT for Brazilian Investment
The Ministry of Transmigration is allocating 10,000 hectares in East Sumba, East Nusa Tenggara (NTT), for a pilot cattle ranching project in partnership with Brazilian investors. This initiative, announced by Minister Iftitah Sulaiman Suryanagara, aims to strengthen food security and enhance local welfare through an integrated livestock ecosystem. Unlike previous…
North Sumatra Increases Mineral Fuel Imports, Reaching IDR 1.13 Trillion
The value of mineral fuel imports to North Sumatra increased in March 2025. According to the North Sumatra Central Statistics Agency (BPS), imports of this commodity reached USD 68.7 million, up from USD 61.8 million in February 2025. Mineral fuels accounted for 11.17% of total imports in March, making it…
OJK Strengthens Sustainable Financing to Support the National Textile Industry
The Financial Services Authority (OJK) continues to strengthen the role of the financial sector in supporting the real economy, particularly by enhancing sustainable financing for the Textile and Textile Products (TPT) industry. This sector is seen as strategic for Indonesia’s national economic transformation. As part of these efforts, OJK held…
