Business News
Indonesia Urges Downstreaming of 28 Commodities, Bahlil Said Investment Needed IDR 9,239 T
Minister of Energy and Mineral Resources Bahlil Lahadalia said that the Indonesian government is now focusing on the downstreaming of 28 commodities in order to add value to the Indonesian economy, create jobs and increase Indonesia's gross domestic product (GDP). By 2040, the downstreaming of the 28 commodities will require…
House of Representatives Commission VII Fully Supports MICE Tourism Industry in Madiun Raya
Commission VII of the Indonesian House of Representatives has expressed its commitment to supporting the development of the tourism industry, particularly the MICE (Meeting, Incentive, Convention, Exhibition) sector and small-medium enterprises (SMEs) in the Madiun Raya region. This was conveyed by Banyu Biru Djarot, a member of Commission VII, during…
Supporting Garment Industry Growth, Customs Grants Bonded Zone Facility Permit to PT Grow Forever Garment
The Indonesian government's commitment to boosting export-oriented manufacturing continues with the granting of a bonded zone facility to PT Grow Forever Garment. The East Java II Regional Office of the Directorate General of Customs and Excise officially issued the permit on April 10, 2025, following a presentation by the company…
Indonesian Food and Beverage Products Generate IDR 736 Billion in Singapore
Indonesian food and beverage products generated USD 43.7 million (approximately IDR 736 billion) during the Food and Hotel Asia (FHA) 2025 exhibition held at Singapore Expo from April 8–11. This achievement stems from seven export contracts valued at USD 32.2 million, covering products such as cocoa, chocolate, honey, and organic…
