Business News
Ministry of Industry Pushes for Food and Beverage Industry Expansion into International Markets
The Ministry of Industry (Kemenperin) is actively promoting the expansion of the food and beverage industry (mamin) into the global market. The mamin industry is a key driver of non-oil and gas manufacturing growth in Indonesia, supported by abundant natural resources and increasing domestic demand. Kemenperin supports the growth of…
IMF Forecasts Stable Economic Growth for Indonesia Until 2024
The International Monetary Fund (IMF) has released the World Economic Outlook (WEO) report for July 2023, projecting that Indonesia's economic growth will remain stable at 5% in 2023 and 2024. However, the report also highlights several opportunities and challenges that could affect Indonesia's economy in the coming year. According to…
The Foreign Trade Balance of Central Kalimantan Records Surplus Over USD 1.5 Billion in the Last 5 Years
Central Kalimantan Province has always made a significant positive contribution as one of the provinces that is the largest foreign exchange earner for the country. This is evidenced by the Central Kalimantan Province's Foreign Trade Balance in the last five years always having a surplus of over USD 1.5 billion.…
Ministry of Industry Facilitate Japanese Investor To Develop Electic Vehicle Industry In Indonesia
The Indonesian government and Japan are committed to realizing a collaboration for the development of the manufacturing industry, including the promotion of the electric vehicle ecosystem. Indonesian government has been striving to create a conducive business climate for Japanese investors, including facilitating business permits and strengthening investment facilitation services. This…
