Business News
OJK Plans to Introduce Numerous Fresh Regulations for the Banking Sector
The Financial Services Authority (OJK) in Indonesia has indicated that it is poised to introduce a series of regulations concerning the banking industry. This move comes as a strategic step to strengthen the banking sector, as the current conditions are perceived as opportune for regulatory reinforcement. Dian Ediana Rae, the…
Ministry of Industry Pushes for Equitable Industrial Development in Indonesia
The Indonesian Ministry of Industry (Kemenperin) is actively promoting balanced industrial development across the country, extending its focus beyond Java Island. This strategic move aims to ensure inclusive economic growth, aligning with the vision of a more centralized Indonesia. The Ministry's Industrial Standardization and Industrial Services Policy Agency (BSKJI) plays…
West Java Attracts IDR 103.6 Trillion Investments in the First Semester of 2023
Bandung - West Java has become a favourite destination for investors to expand their businesses. This is evident from West Java's achievement as the most efficient or highest investment destination in Indonesia for five consecutive years. In the current year, the amount of investments in the first semester of 2023…
Indonesia Explores Fisheries Processing Collaboration with Japan
The Minister of Cooperatives and Small and Medium Enterprises (SMEs), conducted a visit to Japan's largest and most successful fishing company, Marusen Suisan. During the visit, the Minister identified potential areas of collaboration between Indonesia and Japan. Specifically, in the field of fisheries processing, Indonesia could explore the possibility of…
