Business News
Export from East Kalimantan to the EU Reaches USD 494.51 Million
East Kalimantan Province has successfully exported various non-oil and gas commodities to several European Union (EU) countries, totaling USD 494.51 million, equivalent to IDR 7.41 trillion with an average exchange rate of IDR 15,000 per USD. This non-oil and gas export achievement was accomplished over almost a year, spanning from…
Streamlined Permitting Boosts Positive Investment Growth in Batam
In the dawn of 2024, Batam envisions a golden era for investments propelled by the facilitation of business operations and licensing procedures. The Chairman of the Indonesian Employers Association (APINDO) in Batam, Rafki Rasyid, notes a significant reduction in complaints from entrepreneurs regarding licensing processes, excluding those related to environmental…
Indonesia Stock Exchange Aims to Reach 1 Million Sharia Capital Market Investors in 2024
The Chief Executive Officer of the Indonesia Stock Exchange (BEI), Iman Rachman, has set an ambitious target, aspiring to see the number of Sharia-compliant capital market investors reach 1 million by the end of 2024. Iman highlighted the allure and immense potential for rapid growth in the Sharia capital market.…
Indonesia's Capital Market Offers Significant Growth Opportunities
In a virtual press conference, Inarno Djajadi, the Head of Executive for Capital Market Supervision, Derivative Financial, and Carbon Exchange at the Financial Services Authority (OJK), expressed optimism regarding the expansive growth prospects of Indonesia's capital market. As of December 29, 2023, the Indonesian stock market demonstrated a robust performance,…
