Business News

Agriculture: The Main Driver of Economic Growth in South Sulawesi

Deputy Head of Bank Indonesia’s South Sulawesi Representative Office, Wahyu Purnama, emphasized that agriculture remains a vital contributor to the region's economic growth, accounting for 21% of South Sulawesi’s GDP. Speaking at a media gathering in Yogyakarta, he highlighted the province’s role as a national food producer, with annual rice…

Minister of Trade: The Micro, Small and Medium Enterprises (UMKM) Export Programme Records IDR 1 Trillion in Transactions

The Ministry of Trade has recorded that exports of micro, small and medium-sized enterprise (UMKM) products through the UMKM Bisa Ekspor (Can Export) programme have reached USD 68.65 million, equivalent to IDR 1 trillion, and have facilitated around 474 UMKM as of May 2025. Furthermore, the Ministry of Trade has…

Tuna and Fishery Products Record IDR 220 Billion in Transactions in Barcelona

At the Seafood Expo Global (SEG) 2025 international exhibition in Barcelona, Spain, the Ministry of Trade, through the Indonesian Trade Promotion Centre (ITPC) Barcelona, recorded that tuna and other Indonesian fishery products successfully achieved potential transactions of USD 13.39 million, equivalent to IDR 220 billion. The Head of ITPC Barcelona,…

The Batam Business Entity (BP Batam) Signed a Memorandum of Understanding with the Ministry of Investment

On 24 June 2025, the Batam Business Entity (BP Batam) and the Ministry of Investment and Downstreaming, represented by Minister of Investment and Downstreaming Rosan Perkasa Roeslani and Head of the BP Batam/Mayor of Batam Amsakar Achmad, signed a Memorandum of Understanding on investment development in the city of Batam.…
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