Business News
Industry Players Laud Accelerated Investment in Batam
The number of Foreign Direct Investment (FDI) projects in Batam City, Indonesia, increased by 100.97% in the first quarter of 2023 compared to the same period in 2022, according to the Investment Coordinating Board (BKPM). This growth represents an additional 415 projects, bringing the total to 826 FDI projects. Domestic…
Jokowi's Green Taxonomy Initiative: Reviving Indonesia's Economy
President Joko Widodo encourages collaboration between the financial services sector and the real sector to support national economic recovery. At the 2022 Financial Services Industry Annual Meeting, Jokowi appreciated the good coordination between the Financial Services Authority (OJK) and underlined the importance of mutually supporting these two sectors. Jokowi also…
Governor of North Sumatra Highlights Ginger Exports as Proof of High-Quality Agricultural Commodities
Ginger export contract was signed between PT Toba Barika Borneo and PT Alpha Gemilang Sejahtera at the Office of the Governor of North Sumatra, witnessed by the Governor. It was also revealed that the ginger exported meets the stringent standards set by the Food and Drug Administration (FDA) and the…
Ministry of Trade of Indonesia Inspects Mattress and Sofa Factory to Support Local Products for Export
The Ministry of Trade Republic of Indonesia conducted a visit to the mattress and sofa manufacturing facility of Yukata Factory in Tangerang Regency. The inspection of the mattress and sofa factory was carried out by Vice Minister of Trade of Indonesia. The Ministry of Trade of Indonesia stated that they…
