Business News
Patchouli, Aceh's Premium Export Commodity Highly Preferred in Europe
Aceh's coveted export, patchouli, renowned globally for its exceptional quality in perfume production, sees a push for increased exports. The Aceh Innovative Patchouli Producers Cooperative (Inovac) and PT Nat' Green's subsidiary, PT UGreen Aromatics International (UGreen), jointly exported 1.2 tons of raw materials, valued at IDR 1 billion, including ingredients…
Coordinating Ministry: Expanding Women-led MSMEs' Food Distribution Posts Can Drive Regional Economy
The government expresses optimism about micro, small, and medium enterprises (MSMEs), particularly those led by women, driving local economies. With the MSME sector contributing 97% to the national economy and 60% of Indonesia's 37 million MSMEs managed by women, their role is substantial. Ferry Irawan, Deputy I for Macro Economy…
Investment Realization January-September Increases by 18.0%
In pursuit of Indonesia's development into a developed nation by 2045, strategic downstream investments totaling USD545.3 billion across 21 commodities in eight priority sectors are essential, aligning with the Strategic Investment Downstream Roadmap. The investment realization for Q3 (July-September) 2023 reached IDR 374.4 trillion, marking a 7.0% increase from the…
Islamic Economy Ecosystem: Gateway to Indonesia Emas 2045
The Sharia economic and halal industries are recognized as integral components of the Islamic economic ecosystem, crucial in supporting Indonesia's ambition of becoming "Indonesia Emas 2045" (Golden Indonesia 2045). Dean of the Faculty of Economics and Business at the University of Indonesia (FEB UI), Teguh Dartanto, highlights the robust performance…
