Business News
The Investment Target for 2024 Set at IDR 1,650 Trillion, The Ministry of Investment or the Investment Coordinating Board (BKPM) States: Quite Challenging
The Ministry of Investment or the Investment Coordinating Board (BKPM) has expressed that achieving the investment target of IDR 1,650 trillion by 2024 presents a considerable challenge. This target marks an increase from the 2023 goal of IDR 1,400 trillion. Nurul Ichwan, Deputy for Investment Promotion at the Ministry of…
Not only China, but Europe also participates in investing in nickel mines and smelters in Indonesia
European nations, known for their commitment to sustainability, are implicated in funding nickel mining activities, including financing for captive coal-fired power plants (PLTU). Ricko Nurmansyah, Sustainable Development Policy Research and Program Assistant at The Prakarsa, clarified that a significant portion of financial flows in the nickel industry comes from loans,…
Boosting UMKM Exports: 149 Revenue-Generating Villages Expected to Drive East Java’s Exports in 2024
The performance of Micro, Small, and Medium Enterprises (UMKM) exports in East Java (East Java) is anticipated to see a surge, thanks to the expansion of revenue-generating villages reaching 149 throughout 2023. Governor Khofifah Indar Parawansa is actively fostering the Revenue-Generating Village Program, aimed at unleashing the potential of local…
Sidoarjo Cosmetic Export to Malaysia Valued at IDR 25 Billion
Sidoarjo celebrates its inaugural cosmetic export to Malaysia, marking a significant milestone with a total value of IDR 25 billion. The export, facilitated by the Ministry of Trade and Sidoarjo Regency, signifies the region's foray into the international cosmetic market. Director-General of National Export Development at the Ministry of Trade,…
