Business News
Earning USD 1 Billion, Rubber Export Value in South Sumatra Maintains Consistency Over 5 Years
The province of South Sumatra, Indonesia, has actively engaged in exporting both raw and processed materials as a strategy to boost its economy. Notably, rubber and rubber-based products constitute a significant portion of these exports. Over the span of five consecutive years, the export value of rubber and rubber-based goods…
Equestrian Sports Emerge as a Key Tourist Attraction in Indonesia
The underperformance of the equestrian sport has raised concerns among various parties, prompting a call for swift improvements to elevate its prestige and global recognition. To address this issue, Aryo Djojohadikusumo, the Chairman of the Equestrian Sports Association of Indonesia (Pordasi) DKI Jakarta, has taken a unique approach and vision…
OJK Plans to Introduce Numerous Fresh Regulations for the Banking Sector
The Financial Services Authority (OJK) in Indonesia has indicated that it is poised to introduce a series of regulations concerning the banking industry. This move comes as a strategic step to strengthen the banking sector, as the current conditions are perceived as opportune for regulatory reinforcement. Dian Ediana Rae, the…
Ministry of Industry Pushes for Equitable Industrial Development in Indonesia
The Indonesian Ministry of Industry (Kemenperin) is actively promoting balanced industrial development across the country, extending its focus beyond Java Island. This strategic move aims to ensure inclusive economic growth, aligning with the vision of a more centralized Indonesia. The Ministry's Industrial Standardization and Industrial Services Policy Agency (BSKJI) plays…
