Business News

Tuban Empowers Local Industries to Scale for National and Global Market Competitiveness

The Tuban Regency Government, through its Department of Labor and Industry, recently hosted a strategic talk show titled "Strategies for Enhancing Competitiveness Towards National and Global Markets" during the 2025 Tuban Batik Creative Festival. This initiative serves as a critical platform for Small and Medium Industries (IKM) to refine their…

Berau Regency Sets 6.65% Increase for 2026 Sectoral Minimum Wage in Mining and Plantation

The Berau Regency Wage Council has officially approved a 6.65% increase in the 2026 Sectoral Minimum Wage (UMSK), specifically targeting the mining and plantation industries. This adjustment reflects the high economic contribution and specific labor demands of these dominant regional sectors, placing the new sectoral rate significantly above the general…

Automotive Industry Calls for Tax Incentives to Drive 2026 Vehicle Sales

Leading players in the Indonesian automotive industry are urging the government to reintroduce tax incentives to revitalize the domestic car market by 2026. Industry giants like Toyota, Honda, and Jetour highlight that current market conditions remain stagnant, necessitating strategic fiscal intervention to stimulate demand and maintain production stability. Marketing Director…

trengthening Economic Diplomacy and Expanding Investment to Boost Industrial Competitiveness

The Indonesian government is intensifying economic diplomacy to attract investment, broaden export markets, and improve human-resource quality—measures it sees as essential to strengthening national industrial competitiveness in today’s shifting global economy. Minister of Industry Agus Gumiwang Kartasasmita said enhancing industrial competitiveness is a top policy priority, achieved partly through targeted…
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