Business News

BKPM: Indonesia’s Economic Stability Attracts Investors to Invest

The Deputy for Investment Cooperation at the Ministry of Investment/BKPM, Riyatno, emphasized that economic stability is a key factor attracting investors to Indonesia. In 2022, Indonesia ranked 18th globally and second in Southeast Asia, after Singapore, for foreign investment. Speaking at the "Investing in The Future: How Regional Governments Can…

Luwak Coffee Becomes Favorite Product Among Indian Buyers at Trade Expo Indonesia 2024

The Ministry of Trade officially inaugurated the 39th Trade Expo Indonesia (TEI) on Wednesday, October 9, 2024. The Indonesian Young Entrepreneurs Association (HIPMI) revealed growing interest from international buyers in one of their top products. TEI Chairman, Imandio Wicaksono, noted significant interest from Indian buyers towards several exhibitors from HIPMI…

Zulkifli Hasan Highlights Indonesian Export Success at Trade Expo, Reaching IDR 476 Trillion

Indonesia’s Minister of Trade, Zulkifli Hasan, announced a significant increase in the country's export achievements during the Trade Expo Indonesia (TEI). He reported that since its launch 10 years ago, exports facilitated through TEI have reached USD 30.5 billion, equivalent to IDR 476 trillion in 2023. Speaking at the 39th…

Indonesia Signs 7 Trade Contracts with Malaysia Valued at IDR 38 Billion

The business contract value between Indonesian and Malaysian companies, particularly from Penang, has seen significant growth. According to Wanton Saragih, the Consul General of Indonesia in Penang, trade cooperation between seven Indonesian companies and three Penang-based Malaysian firms has reached a total value of USD 2.42 million, equivalent to approximately…
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