Business News
BPOM: Beauty Industry Surges by 21.9% in One Year
The beauty and skincare products business is gaining popularity among Indonesians. According to the Food and Drug Monitoring Agency (BPOM), the beauty industry in Indonesia grew by 21.9% annually. Initially, there were 913 companies in the sector in 2022, which increased to 1,010 by mid-2023. The growth, particularly in the…
April 2024: Manufacturing Industry Optimism Remains Strong Amid Economic Conditions
In April 2024, the optimism level among manufacturing industries regarding the economic conditions, measured by the Industrial Confidence Index (IKI), reached 52.30, indicating an expansion phase, albeit slowing down by 0.75 points compared to March 2024's 53.05. However, there was an increase of 0.92 points compared to April 2023's IKI…
Seizing Economic Opportunities in the Development of the Nusantara Capital
The Department of Development Geography, Faculty of Geography, UGM, recently hosted the 100th edition of the Sustainable Development Goals Seminar Series (SDG’s Seminar Series) on Monday, April 29th. The theme of the seminar was "Capturing the Economic Opportunities of the Future Capital City of Indonesia". This aligns with the pillars…
Meeting with British Trade Minister: Coordinating Minister Airlangga Strengthens Economic and Trade Cooperation
During his working visit to London, Minister of Coordinating Economic Affairs Airlangga Hartarto met with the UK Secretary of State for International Trade, The Rt. Hon. Greg Hands MP, at the Department for Business, Energy, and Industrial Strategy. The ministers convened in a historic room from the Churchill era for…
