Business News
Trade Ministry to Establish Aggregator, Boost Indonesia's Export Quality
The Indonesian Ministry of Trade (Kemendag) is planning to introduce an aggregator to enhance the competitiveness of local and export commodities, aiming to reduce dependency on imports. Trade Minister Budi Santoso emphasized that without competitive products, foreign goods would easily penetrate the market, including Indonesia's. The initiative is part of…
Mandalika SEZ Drives Tourism Growth in West Nusa Tenggara
The West Nusa Tenggara (NTB) Provincial Tourism Office (Dispar) reports that sports tourism activities at the Mandalika Special Economic Zone (SEZ) are key contributors to the region’s 2024 tourism target. According to Jamaludin Malady, Head of NTB Dispar, events such as MotoGP, Asia Road Racing Championship (ARRC), Mandalika Racing Series…
Investment And Downstreaming In The Hands Of Rosan Roeslani
Indonesian President Prabowo Subianto inaugurated Rosan Roeslani as Minister of Investment and Downstreaming and Head of the Investment Coordinating Board (BKPM) on October 21, 2024. Rosan, a seasoned businessman and diplomat, previously held this role under President Jokowi's administration and was Indonesia’s Ambassador to the U.S. in 2021. His extensive…
Indonesian Chocolate Appears at the Largest F&B Industry Exhibition in Europe
The Indonesia Pavilion is participating in SIAL Paris 2024, the largest food and beverage industry exhibition in Europe, featuring 29 companies from the food and beverage sector. This promotional effort, initiated by the Indonesian Embassy in Paris, the Ministry of Trade, and the Ministry of Industry of Indonesia, aims to…
