Business News

Bulog Has Been Assigned To Import 3.6 Million Tons Of Rice, With The Possibility Of An Increase

Perum Bulog has been assigned to import 3.6 million tons of rice throughout 2024. Bayu Krisnamurthi, the CEO of Perum Bulog, anticipates that this quota will suffice to maintain domestic rice availability. "God willing, it will be sufficient," Bayu stated during a media briefing in Jakarta on Tuesday, April 2,…

Through Beauty Conference, ParagonCorp Drives Transformation in Indonesia's Cosmetic Industry

ParagonCorp, renowned for its cosmetic brands such as Wardah, Make Over, Emina, and Kahf, hosted the Beauty Conference (BCF), a conference event for Beauty Advisors (BA) nationwide. BCF goes beyond a conference and awards ceremony; it serves as a call to action for BAs to drive change in the beauty…

The Ministry of Investment Successfully Issues 8 Million NIBs

By the end of the first quarter of 2024, the Ministry of Investment/Investment Coordinating Board (BKPM) has launched a record-breaking 8.13 million Business Identification Numbers (NIB). This figure represents a significant milestone in NIB issuance, totaling precisely 8,131,284 NIBs. The breakdown includes 7,809,869 micro-enterprises, 202,249 small enterprises, 52,247 large enterprises,…

Indosat-Nvidia Joint Investment of IDR 3 Trillion Sets Stage for AI Center in Solo

Minister of Communication and Information Technology (Menkominfo) Budi Arie Setiadi has revealed a significant development in the tech sector, announcing a joint commitment from Indosat Ooredoo Hutchison and Nvidia to establish the National Artificial Intelligence Center in Solo, Central Java. This initiative involves a substantial investment of USD 200 million,…
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