Business News
Indonesia Aims to Export Agricultural Products to 23 Countries, Targeting IDR 1,000 Trillion
The government, led by the Ministry of Agriculture, has successfully exported agricultural products worth IDR 25.5 billion to 23 countries. Minister of Agriculture Syahrul Yasin Limpo has set an ambitious target of reaching IDR 1,000 trillion in agricultural exports this year. He emphasized the importance of maintaining quality and synergy…
Indonesia's Halal Industry Valuation Estimated at IDR 4.375 Trillion
The Ministry of Industry (Kemenperin) projects that the halal industry in Indonesia will have a valuation of IDR 4.375 trillion. This valuation encompasses various sectors, including food and beverage, fashion, cosmetics, pharmaceuticals, tourism, media, and financial services. Supported by the significant Muslim population in the country, which accounts for 85%…
Industrial Sector Investment in Indonesia Surges by 51.9%, Reports BPSDMI
Head of the Human Resources Development Agency for Industry (BPSDMI) of the Ministry of Industry, Masrokhan, announced that investment value reached IDR 135.3 trillion in the first quarter of 2023. This positive trend is reflected in the Purchasing Managers' Index (PMI) record for April 2023, which increased to 52.7 compared…
Jokowi Calls on Japanese Companies to Invest in IKN
President Joko Widodo, commonly known as Jokowi, invited Japanese companies to invest in the development of Indonesia's new capital city, Nusantara. The invitation was extended during a CEO Meeting with major Japanese corporations held on the sidelines of the G7 Summit in Hiroshima on Sunday (May 21). "The President has…
