Business News
Sharia-Based Economic Strategies Could Offer A New Path to Reaching 8% Growth in 2029
Deputy Minister of State-Owned Enterprises (BUMN) Kartika Wirjoatmodjo emphasised the potential of the sharia economy as a catalyst for future growth, with projections indicating an 8% growth in the economy by 2029. The strategy to utilise the sharia economy in the next five years will be focused on developing the…
Ministry of Trade to Impose Coconut Export Levy
The Ministry of Trade (MOT) will be implementing a levy on coconut exports, the details of which are currently being finalised by the Minister of Trade Regulation (Permendag) and the Minister of Finance Regulation (PMK). Presently, there is no export levy for coconut. Alongside palm oil, the government has included…
The Labour Minister Proposed a Cooperative Framework for Labour Dispatch with UAE and Chinese Companies
Minister of Manpower Yassierli held a series of important bilateral meetings on the sidelines of the BRICS Labour Employment Ministers' Meeting (LEMM) in Brazil. These included a meeting with the Emiratisation Minister of Resources, as well as the Acting Minister of Higher Education and Scientific Research of the United Arab…
Riau Possesses the Potential to Emerge as a Pivotal Contributor to Indonesia's Trade in ASEAN
The Deputy Minister of Trade (Wamendag), Dyah Roro Esti Widya Putri, has stated that the province of Riau possesses significant potential, given its strategic geographical location and increasing export value. The province's potential to bolster Indonesia's trade position within the ASEAN region is significant. In January-February 2025, Riau achieved a…
