Business News
Surging Demand Amidst Low Consumption: Wide-Open Prospects for the Meat Processing Industry
In response to the growing demand for processed food products and the relatively low national meat consumption, there is an opportunity for the meat processing industry in Indonesia to expand its market for processed meat products domestically. This trend aligns with the government's initiative to boost national animal protein consumption…
Indonesian Footwear Brands Gaining Global Recognition: Handmade and Loved by US Customers
The Indonesian footwear industry has witnessed several local brands achieving international acclaim, exporting products to Europe and the United States, with one brand successfully reaching 20 destination countries. The footwear sector stands as a robust pillar in Indonesia's economy, with export values reaching hundreds of millions, if not billions, of…
Bandung Regency Achieves Investment Realization of IDR 30.30 Trillion in 2023
In the year 2023, Bandung Regency, surpassing its set target of IDR 28.7 trillion. Bupati Bandung, Dadang Supriatna, revealed that the investment in Kabupaten Bandung throughout 2022 reached IDR 29.4 trillion, exceeding the designated target of IDR 27.8 trillion. Dadang Supriatna, the Regent of Bandung, emphasized that investments, both domestic…
SKK Migas Targets Exploration Investment of USD 1.8 Billion in 2024
The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) is set to undertake a more massive and aggressive exploration investment in 2024. As per the Work Program and Budget (WP&B), SKK Migas and Contractors Cooperation Contract (KKKS) have agreed on an exploration investment target of USD…
