Business News

Ministry of Industry Promotes the Growth of Sago and Artisan Chocolate Industries, Exploiting Abundant Potential

The Ministry of Industry (Kemenperin) believes that Indonesia's sago and artisanal chocolate industries have great potential for development. During the Hannover Messe 2023 exhibition in Germany, PT Bangka Asindo Agro, a sago processing company, recorded potential transactions worth IDR 6 billion, attracting interest from potential partners in Germany, Uzbekistan, and…

Minister of Finance Sri Mulyani's Vision: Indonesia as the Global Hub for Islamic Economy

Indonesia, with its majority Muslim population of around 237 million people, possesses a comparative advantage in Islamic economics. The government aims to position the country as a global center for Islamic economics and halal production. Finance Minister Sri Mulyani Indrawati highlighted the government's commitment to developing Shariah-compliant economic activities and…

Indonesia Backs High Technology Adoption for a Sustainable Economy

The Indonesian government, represented by Coordinating Minister for Economic Affairs Airlangga Hartarto, expressed its support for the adoption of advanced technologies to promote a clean and sustainable economy. This includes the utilization of blue and green ammonia, small modular reactors (SMRs), and hydrogen-based sustainable energy technologies. During the Indo-Pacific Economic…

Bank Indonesia Fast-tracks Islamic Economy Development in Eastern Indonesia

Bank Indonesia (BI) and its strategic partners are collaborating to foster the growth of the Islamic economy and finance in the Eastern Indonesia Region (KTI). During the Festival of Islamic Economy (FESyar) in Samarinda, Deputy Governor of Bank Indonesia for Bali Province, Gusti Agung Diah Utari, expressed their commitment to…
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