Business News
The Government Investment Center (PIP) Disburses Financing of IDR 35.06 Trillion for Micro Enterprises
The Government Investment Center (PIP) under the Ministry of Finance has disbursed Ultra Micro Financing (UMi) amounting to IDR 35.06 trillion as of Tuesday, December 4, 2023. Ismed Saputra, the CEO of PIP, noted that around 9.48 million borrowers have received UMi financing since its inception. Managing a fund of…
Facilitating Permits, Bandung City Government is Optimistic to Achieve Investment Target of IDR 7.2 Trillion
The Bandung City Government, led by Acting Mayor Bambang Tirtoyuliono, pursues strategies to boost economic growth by attracting investors. Their initiatives involve enacting two specific regulations—Regulation No. 5 of 2022 on Spatial Planning and Regulation No. 4 of 2022 on Investment Facilitation. These regulations, especially the pending spatial planning ordinance,…
The Government Boosts the Export of Rendang and Spices to Europe
The Indonesian government, in partnership with the Indonesian Export Financing Agency (LPEI) and the West Sumatra Provincial Government, focuses on advancing Small and Medium Enterprises (UMKM), cooperatives, and export-oriented businesses in West Sumatra. Their objective encompasses strengthening the export potential of rendang (a local dish) and spices, pivotal specialties in…
Encourage Small and Medium Enterprises (UMKM) to Export, Batu City Government Collaborates and Provides These Facilities
The Batu City Government is actively promoting local products for export, aiming to expand their reach internationally. To facilitate this, they're streamlining processes and collaborating with various agencies to access export markets. Recognizing the significance of export licenses, Acting Mayor Aries pledges to simplify procedures specifically for local Batu products.…
