Business News

Government Encourages Indonesian MSMEs to Supply Global Industry Chain

The Indonesian government is encouraging Micro, Small, and Medium Enterprises (MSMEs) to expand and penetrate the global supply chain. Coordinating Minister for Economic Affairs Airlangga Hartarto highlighted this at the "Pesta Rakyat UMKM untuk Indonesia" event, organized by the Indonesian Chamber of Commerce and Industry (KADIN), PT HM Sampoerna Tbk,…

Enhancing the Competitiveness of Indonesia's Rattan Industry in the Global Market

Indonesia's rattan industry, historically a national economic backbone and the source of 80% of the world's rattan, now faces significant challenges. Despite this, the government targets USD 5 billion in furniture and craft exports this year. Global demand for rattan furniture is growing, with an average annual import increase of…

BI and ISEI Host KKP 5.0 Seminar Series: Promoting Food Downstreaming for Economic Revival

The Bank Indonesia (BI) Representative Office of North Sumatra, in collaboration with the Bank Indonesia Institute and the Indonesian Economic Scholars Association (ISEI) Medan, organized the Seminar Series on Public Policy Framework (KKP) 5.0. This event, held on Tuesday, July 23, 2024, aimed to support the development of the KKP…

Indonesia Becomes the Choice for Investor Capital Investment

Indonesia's economy has consistently grown around 5% over the last eight quarters despite various global economic challenges, making it an attractive destination for investors. This was stated by Coordinating Minister for Economic Affairs Airlangga Hartarto at the Macro Day Event organized by PT Verdhana Sekuritas Indonesia at the Deutsche Building…
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