Business News
Ministry of Industry Encourages Export of Local Alcoholic Beverages
The Ministry of Industry (Kemenperin) is opening significant opportunities for the export of local alcoholic beverages, leveraging domestic production surpluses and the vast potential of international markets. "We support exports through promotion and strengthening of branding," said Putu Juli Ardika, Director General of Agro Industry at Kemenperin, during a visit…
Market Coverage, SOE Holding Helps Local MSMEs Explore Export Opportunities
UMKM (Micro, Small, and Medium Enterprises) in Indonesia have long been a key pillar of the national economy, contributing more than 60% to GDP and creating almost 97% of job opportunities. The role of UMKM has become even more vital, especially during the Covid-19 pandemic, which demonstrated that this sector…
Allianz Life Indonesia Investment Results Reach IDR 1 Trillion by October 2024
PT Asuransi Allianz Life Indonesia (Allianz Life) reported that by October 2024, the company’s investment returns had surpassed IDR 1 trillion. According to Ong Le Keat, Director & Chief Financial Officer of Allianz Life Indonesia, this figure marks a 245% growth compared to the same period in the previous year.…
Investment Minister Plans to Open EU Desk to Strengthen Cooperation
Minister of Investment and Downstreaming, as well as Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, announced plans to establish an EU Desk to enhance cooperation between Indonesia and the European Union. This initiative followed a meeting with business leaders from the European Business Chambers of Commerce (EuroCham) in…
