Business News

BI NTB-Fostered MSMEs Export Rattan Crafts to Germany

PT Fatih Crafts Lombok, a micro, small, and medium enterprise (MSME) fostered by the Bank Indonesia (BI) Representative Office in West Nusa Tenggara (NTB), has successfully penetrated the German market with their rattan handicrafts. The first export shipment of home décor rattan crafts to Germany, consisting of two containers, was…

Indonesian Energy Minister Bahlil Highlights Coal Downstreaming for Energy Transition

Indonesian Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, urged coal producers to align the use of coal as a key commodity with the value-adding downstreaming program. This initiative is expected to help the government achieve its net-zero emissions target by 2060. Speaking at the Coaltrans Asia 2024 event…

Barantin Ensures Security of Non-Oil and Gas Export Data Through Best Trust

The Indonesian Quarantine Agency, Barantin, has guaranteed the security of data related to Indonesia's non-oil and gas export commodities, despite the ongoing migration to a digital service system called Best Trust (Barantin Electronic System for Transaction and Utility Service Technology). At a press conference in Jakarta, Ichwandi, Head of Barantin's…

Kadin States Indonesia Becomes Impactful Investment Destination in the Region

Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) Arsjad Rasjid emphasized that Indonesia is not only following the global trend in impact investing but also becoming the most active investment destination in the region. Speaking at the opening of Impact Investment Day (IID) 2024 in Labuan Bajo, East…
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