Business News
Indonesian Furniture Entrepreneurs Target Indian Market, Export Potential Reaches IDR 589 Trillion
The Indonesian Furniture and Handicraft Industry Association (HIMKI) is eyeing the export potential of the Indian furniture market, forecasted to reach USD 37.72 billion or approximately IDR 589 trillion by 2026. Additionally, the compounded annual growth rate (CAGR) of the Indian furniture market stood at 13.37% during the 2020-2026 period.…
Encouraging the Green Economy, KUKM Perindag PPU Invites MSMEs to Implement Sustainable Trade
The Department of Cooperatives, Micro, Small, and Medium Enterprises (KUKM Perindag) in Penajam Paser Utara (PPU) Regency actively promotes the adoption of sustainable trade practices among Micro, Small, and Medium Enterprises (UMKM). Nurlianti, the Head of the Cooperative and UMKM Division at KUKM Perindag, explains that several initiatives have been…
Minister of Industry: Digital Transformation Increases the Competitiveness of the Manufacturing Industry
Indonesian Minister of Industry, Agus Gumiwang Kartasasmita, advocates for the integration of digital technology in the manufacturing sector to enhance competitiveness and sustainability. The adoption of Industry 4.0 principles is seen as pivotal, with potential positive impacts on financial outcomes, operational efficiency, and technological innovation. Highlighting the significance of manufacturing…
The Government Provides Tax Holidays for Business Actors in the Kendal KEK
The Secretariat General of the National Special Economic Zone Council (Sekjen Denas KEK) has extended a Tax Holiday incentive to businesses investing in the Kendal Special Economic Zone (KEK), entailing a reduction in Corporate Income Tax (PPh Badan). Presently, nine businesses, including PT Kawasan Industri Kendal and PT Masterkidz Indonesia,…
