Business News

Indonesia Pushes for Ventilator Import Substitution, Its Market Potential Reaches USD 5.79 Billion per year

The government is pushing for an import substitution program for ventilator-type medical devices with the aim of maximizing revenue from a global market share of USD 5.79 billion. Minister of Industry Agus Gumiwang Kartasasmita estimates that global demand for ventilators will continue to grow after the Covid-19 pandemic to handle…

Agricultural Export Value Increases in Last Three Years

The agricultural sector is the backbone in spurring economic growth. Especially during a pandemic like this. Market opportunities and high added value are potential drivers of agricultural development in the future. This was conveyed by the Head of the Bureau of Public Relations and Public Information, Kuntoro Boga Andri, in…

NTB and EU Explore Trade and Investment Cooperation

The West Nusa Tenggara (NTB) provincial government is ready to establish various types of collaborations in the trade and investment sectors with member countries of the European Union (EU). Governor of NTB Zulkieflimansyah made the statement while receiving the visit of the EU Ambassador to Indonesia and Brunei Darussalam Vincent…

Presidential Staff Office (KSP): The Quality of Domestic Products Can Compete With Other Countries

The Presidential Staff Office (KSP) believes that the quality of domestic products will be better and can compete with other countries' products in line with the government's efforts to prioritize the use of local products in the procurement of goods and services. "That's what we hope for, so that domestic…
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