Business News

Indonesia Unveils USD 1 Billion Stimulus Package to Create Jobs, Boost Economy

Facing economic pressures and aiming to strengthen job creation, the Indonesian government has announced a USD 1 billion stimulus package designed to revitalise the economy. The funds will be deployed across several priority areas to ensure that the stimulus has both immediate and lasting impact. Several short-term acceleration programmes that…

Indonesia Strengthens MSMEs as The Backbone of The National Economy

The Indonesian government is ramping up efforts to support micro, small, and medium enterprises (MSMEs), recognising their vital role in driving growth and reducing poverty. As of late 2024, there were 56.14 million MSMEs, with around 96.84% classified as micro businesses earning up to IDR 2 billion annually. These enterprises…

The West Sumatra Creative Economy Festival Generates IDR 1.9 Billion in Transactions

On 12-14 September 2025, the West Sumatra Creative Economy Festival (SCF) was held at the Bank Indonesia Representative Office (KPwBI) in West Sumatra Province. The SCF recorded transactions of up to IDR 1.9 billion and was attended by 1,456 visitors. The objective of the event was to promote and develop…

Export of 7 Tons of Grouper Fish from the Riau Islands to Hong Kong

On 15 September 2025, the Governor of Riau Islands, Ansar Ahmad, officially inaugurated the export of 7 tons of grouper fish from Sirai Island, Bintan, to Hong Kong. The exported grouper consisted of 3.5 tonnes of tiger grouper, cantang and mud grouper from Sirai Island, which were shipped together with…
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