Business News
The Indonesia-East Timor Business Forum Promotes Bilateral Trade
The Indonesia-Timor-Leste Business and Investment Forum convened to address various export and import issues between the two nations, as stated by the Indonesian Ambassador to Timor-Leste, Okto Dorinus Manek. Ambassador Manek highlighted the significant export potential of Oikos, a Special Administrative Region of Timor surrounded by Indonesian territory, which offers…
IFII Boosts Wood Processed Exports to the Middle East
Wood panel manufacturer PT Indonesia Fibreboard Industry Tbk (IFII) anticipates challenges in exporting processed wood products this year despite maintaining a positive outlook. IFII's corporate secretary, Evan Kristian, attributed potential export slowdowns to ongoing global uncertainties, noting subdued demand in various export destinations, such as Japan, due to its sluggish…
The Potential of Indonesia's Halal Economy Forecasted to Reach IDR 9.055 Trillion in 2028
The Otoritas Jasa Keuangan (OJK) has projected Indonesia's halal economy potential over the next 5 years, reaching IDR 9.055 trillion by 2028 according to the Global Islamic Economy Indicator Score (GIEIS). Siti Yayuningsih, Executive Researcher at the OJK Institute, revealed this during IDEA Talks Vol.4 on Wednesday, March 13, 2024.…
OMG Communication Holds UMKM SUMMIT 2024.
Obsession Media Group (OMG) Communication, under OMG Media Group, organized the UMKM SUMMIT 2024 on Thursday, March 7, 2024. This event stands as a concrete step towards realizing the vision of the President of the Republic of Indonesia, Joko Widodo (Jokowi), regarding the acceleration of digital transformation for micro, small,…