Business News

Sports Competitions Boost the Absorption of Local Industrial Products

Indonesian Minister of Industry Agus Gumiwang Kartasasmita highlighted the growing trend of sports activities both domestically and globally as an opportunity for local industry players to accelerate the absorption of their products in the market. He emphasized that this trend presents a significant chance for local brands, particularly those producing…

East Java Explores Trade and Investment Partnership with Peru

The East Java Provincial Government (Pemprov Jatim) is exploring trade and investment partnerships with Peru, aligning with Peru's upcoming role as the host of the World Trade Conference in November, which Indonesia's President-elect Prabowo Subianto is expected to attend. This potential collaboration was discussed during a recent official visit by…

Italian Ambassador's Interest Spurs Call for Indonesian Coffee Farmers to Enhance Export Quality

PT Permodalan Nasional Madani (PNM) has encouraged local coffee farmers to enhance their skills and knowledge in developing Indonesian coffee, which has become a sought-after export product globally. PNM's Corporate Secretary, L. Dodot Patria Ary, highlighted the potential of PNM’s clients, such as Didik Suryadi, a coffee farmer from Situbondo…

Indonesia Promotes Quality Investment to China, Achieves Rapid Growth in Trade and Investment

Indonesian Foreign Minister Retno Marsudi emphasized Indonesia's commitment to attracting quality investments from China, particularly those adhering to Environmental, Social, and Governance (ESG) principles. This statement comes in the wake of a significant increase in bilateral trade and investment between Indonesia and China over the past decade. Speaking after her…
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