Business News
Academics Evaluate Job Creation Law as Helping Economic Growth
The lifting of social restrictions in Indonesia should not stall the country's economic activities, given the economy's previous slump following the Covid-19 pandemic. The enactment of the Omnibus Law on Job Creation gives hope for stimulating national industrial movement and investment. According to macroeconomist Teuku Riefky, the law will significantly…
Development of MSMEs Affects Local Economic Conditions, Secretary of Gorontalo Stated
Syukri Botutihe, the Secretary of the Gorontalo Provincial Government, has stated that the development of micro, small, and medium enterprises (MSMEs) significantly affects the economic conditions in Gorontalo. He expressed this view at a meeting of the Regional Banking Musyawarah Agency with local government officials and the Regional Leadership Coordination…
Trade Minister Zulkifli Hasan Boosts Indonesia's Global Presence with 30,000 Metric Ton Steel Export to Italy
Indonesia's Minister of Trade, Zulkifli Hasan, has announced the export of 30,000 metric tons of hot rolled coil steel produced by PT Krakatau Steel to Italy. The release of this export strengthens Indonesia's position in the global steel sector, with steel exports now ranking third among Indonesia's leading exports after…
Indonesian Agriculture Sector Is Improving, Research Suggests
According to the Index of SME Businesses for Q1-2023 and Expectations for Q2-2023 by PT Bank Rakyat Indonesia (Persero) Tbk, small and medium-sized enterprises (SMEs) in Indonesia are still thriving in Q2-2023, with an expansion in business continuing. The factors driving this expansion include a return to normalcy after the…
