Business News
Bamsoet Urges Cigarette Industry to Become a Pillar Supporting the National Economy
House of Representatives member Bambang Soesatyo visited the HS cigarette factory in Magelang, Central Java, stating that Indonesia’s tobacco industry remains a vital pillar of the national economy. Despite rising health awareness and stricter regulations, he emphasized that the sector’s contributions to state revenue and employment are significant. With over…
Agriculture: The Main Driver of Economic Growth in South Sulawesi
Deputy Head of Bank Indonesia’s South Sulawesi Representative Office, Wahyu Purnama, emphasized that agriculture remains a vital contributor to the region's economic growth, accounting for 21% of South Sulawesi’s GDP. Speaking at a media gathering in Yogyakarta, he highlighted the province’s role as a national food producer, with annual rice…
Minister of Trade: The Micro, Small and Medium Enterprises (UMKM) Export Programme Records IDR 1 Trillion in Transactions
The Ministry of Trade has recorded that exports of micro, small and medium-sized enterprise (UMKM) products through the UMKM Bisa Ekspor (Can Export) programme have reached USD 68.65 million, equivalent to IDR 1 trillion, and have facilitated around 474 UMKM as of May 2025. Furthermore, the Ministry of Trade has…
Tuna and Fishery Products Record IDR 220 Billion in Transactions in Barcelona
At the Seafood Expo Global (SEG) 2025 international exhibition in Barcelona, Spain, the Ministry of Trade, through the Indonesian Trade Promotion Centre (ITPC) Barcelona, recorded that tuna and other Indonesian fishery products successfully achieved potential transactions of USD 13.39 million, equivalent to IDR 220 billion. The Head of ITPC Barcelona,…
