Business News
Indonesian Chamber of Commerce and Industry Holds Coordination Meeting with Associations to Draft Economic Policy Whitepaper
The Indonesian Chamber of Commerce and Industry (Kadin) held a coordination meeting to draft a whitepaper with business proposals for the 2024-2029 economic development program. The meeting was attended by hundreds of industry associations that are extraordinary members (ALB) of Kadin Indonesia. Chairman Arsjad Rasjid explained that Kadin is compiling…
Government to Add 4 Special Economic Zones with an Investment Value of IDR 161 Trillion
The Indonesian government is set to establish four new Special Economic Zones (SEZs) with a total investment value of IDR 161 trillion. Acting Secretary General of the National Council for SEZs, Rizal Edwin, announced that the four zones have been agreed upon and are in the process of being formalized…
Green Coconut's Economic Potential Presents Major Opportunities for Indonesia
President Joko Widodo (Jokowi) has emphasized that the green economy presents significant opportunities for Indonesia, particularly through the development of coconut, cocoa, vanilla, coffee, pepper, and cloves. During the 51st Cocotech Conference in Surabaya, East Java, he stated, "The green economy is a huge opportunity and potential for our country,…
SMEs Contribute 15% to Total Indonesian Exports
Small and Medium Enterprises (SMEs) in Indonesia have shown a significant contribution to the country's export performance. As reported, SMEs account for approximately 15% of Indonesia's total exports. The Ministry of Cooperatives and Small and Medium Enterprises (Kemenkop UKM) reveals that this contribution has been steadily increasing, underscoring the growing…
