Business News
Indonesia’s Investment Doubles, Targets IDR 1,900 Trillion
Indonesia’s Minister of Finance, Sri Mulyani Indrawati, announced a significant increase in investment, with both Domestic Direct Investment (PMDN) and Foreign Direct Investment (PMA) more than doubling since Q1 2020. This surge underscores Indonesia's strong post-COVID-19 recovery, with quarterly investment rising from IDR 211 trillion in Q1 2020 to IDR…
Investment Ministry Records Issuance of 10 Million Business Licenses through OSS
The Ministry of Investment/Investment Coordinating Board (BKPM) has announced the issuance of 10 million Business Identification Numbers (NIBs) through the Online Single Submission (OSS) integrated registration system, which facilitates business operations and investments. Since the launch of OSS in August 2021, the cumulative number of registered NIBs has seen a…
July 2024: North Maluku's Export and Import Value Increases
In July 2024, the performance of Maluku Utara's exports and imports showed notable improvements compared to June 2024. According to Nurhidayat Maskat, Acting Head of the Maluku Utara Central Statistics Agency (BPS), the province's export value reached USD 884.94 million in July, marking a 3.07% increase from USD 858.56 million…
First Export of Wakatobi's Fishery Products to Japan
The Wakatobi Regency Government in Southeast Sulawesi officially launched its first seafood export. This initiative is the result of collaboration between the Padalleang Sama Cooperative, the Wakatobi Regency Government through the Fisheries Department, and the Ministry of Marine Affairs and Fisheries (KKP) of the Republic of Indonesia. The export, consisting…
