Business News
Indonesia Strengthens MSMEs as The Backbone of The National Economy
The Indonesian government is ramping up efforts to support micro, small, and medium enterprises (MSMEs), recognising their vital role in driving growth and reducing poverty. As of late 2024, there were 56.14 million MSMEs, with around 96.84% classified as micro businesses earning up to IDR 2 billion annually. These enterprises…
The West Sumatra Creative Economy Festival Generates IDR 1.9 Billion in Transactions
On 12-14 September 2025, the West Sumatra Creative Economy Festival (SCF) was held at the Bank Indonesia Representative Office (KPwBI) in West Sumatra Province. The SCF recorded transactions of up to IDR 1.9 billion and was attended by 1,456 visitors. The objective of the event was to promote and develop…
Export of 7 Tons of Grouper Fish from the Riau Islands to Hong Kong
On 15 September 2025, the Governor of Riau Islands, Ansar Ahmad, officially inaugurated the export of 7 tons of grouper fish from Sirai Island, Bintan, to Hong Kong. The exported grouper consisted of 3.5 tonnes of tiger grouper, cantang and mud grouper from Sirai Island, which were shipped together with…
Indonesia to Participate in CAEXPO 2025 in China with Three Newly Designed Pavilions
From 17-21 September 2025, Indonesia will be participating in the 22nd China-ASEAN Expo (CAEXPO), taking place in Nanning, China. CAEXPO is an annual exhibition that was established following the China-ASEAN Free Trade Area (CAFTA) agreement and has become a significant event for promoting cooperation in trade, investment, tourism and technology…
