Business News
Tanjungpinang Crabs Penetrate Domestic and Export Markets, Achieving Economic Value of IDR 5.76 Billion
The Riau Islands Animal, Fish, and Plant Quarantine Center (Kepri) has certified crab fisheries commodities for various regions. During the first half of 2024, the crab traffic from Tanjungpinang reached 30.9 tons with an economic value of IDR 5.76 billion. Herwintarti, Head of Kepri Quarantine, expressed support for the development…
Government Encourages Indonesian MSMEs to Supply Global Industry Chain
The Indonesian government is encouraging Micro, Small, and Medium Enterprises (MSMEs) to expand and penetrate the global supply chain. Coordinating Minister for Economic Affairs Airlangga Hartarto highlighted this at the "Pesta Rakyat UMKM untuk Indonesia" event, organized by the Indonesian Chamber of Commerce and Industry (KADIN), PT HM Sampoerna Tbk,…
Enhancing the Competitiveness of Indonesia's Rattan Industry in the Global Market
Indonesia's rattan industry, historically a national economic backbone and the source of 80% of the world's rattan, now faces significant challenges. Despite this, the government targets USD 5 billion in furniture and craft exports this year. Global demand for rattan furniture is growing, with an average annual import increase of…
BI and ISEI Host KKP 5.0 Seminar Series: Promoting Food Downstreaming for Economic Revival
The Bank Indonesia (BI) Representative Office of North Sumatra, in collaboration with the Bank Indonesia Institute and the Indonesian Economic Scholars Association (ISEI) Medan, organized the Seminar Series on Public Policy Framework (KKP) 5.0. This event, held on Tuesday, July 23, 2024, aimed to support the development of the KKP…
