Business News
The Provincial Government of South Sumatra Guarantees South Sumatra MSMEs’s Product Are High Quality
Products produced by micro, small, and medium enterprises (MSMEs) and the creative industry in South Sumatra are guaranteed to be of high quality to compete in the market. The South Sumatra provincial government ensures that continuous development and support are provided by both the government and state-owned enterprises (BUMN) as…
Bappenas Sets Target of 7% Economic Growth for Indonesia by 2045
The National Development Planning Agency (Bappenas) targets Indonesia's economic growth to reach an average of 7% by 2045, emphasizing the importance of economic transformation. By 2045, the transformation targets include a Gross Domestic Product (GDP) of USD 9.8 trillion, positioning Indonesia as the world's fifth-largest economy. The Gross National Income…
NTB Partners with LSP Mode Indonesia to Build Muslim Fashion Industry Ecosystem
The Department of Industry of West Nusa Tenggara (NTB) has partnered with the Indonesian Fashion Certification Institute (LSP Mode Indonesia) to build an ecosystem for the Muslim fashion industry by strengthening the capacity of human resources to meet standardized and certified qualifications. The head of the Department of Industry NTB,…
Global Automotive Manufacturers Set to Expand Production Facilities in Indonesia
Several global automotive companies have expressed their plans to invest in Indonesia by building new factories or expanding existing ones. PT Kreta Indo Artha (KIA), the official agent of KIA in Indonesia, is among these companies and intends to establish a car manufacturing plant in the country. While the specific…
