Business News
Indonesian Chemical Industry Export Value Reaches IDR 284 Trillion in 2024
The Ministry of Industry (Kemenperin) recorded the chemical industry export value at USD 17.39 billion or around IDR 284.3 trillion (assuming an exchange rate of IDR 16,350) in 2024. This achievement not only shows the growth of the chemical industry, but also the pharmaceutical sector. Director General of the Chemical,…
Minister of Trade Ensures Revision of Permendag 8/2024 on Imports Involves Business Actors
The Ministry of Trade (Kemendag) said that the revision related to the Regulation of the Minister of Trade Number 8 of 2024 (Permendag 8/2024) which regulates Import Policies and Regulations is still in process. Minister of Trade (Mendag) Budi Santoso said the revision of Permendag 8/2024 must involve related ministries/institutions…
Investment in 54 Shrimp Farms in East Lombok Reaches More Than IDR 1 Trillion
Along the coast of East Lombok (Lotim) and Sambelia to Jerowaru, shrimp farms are lined up. Based on the Online Single Submission (OSS) data dashboard, the number has now reached 54 units. The investment value is estimated at more than IDR 1 trillion. Head of the Investment and One-Stop Integrated…
Small and Medium Industries Considered to Contribute Big to Creating New Jobs
Small and medium industries (IKM) which currently number 4.5 million business units contribute 99.77% of the total industrial business units. The number of IKM business units absorbs 65.52% of the total workforce in all industrial sectors or around 13.11 million industrial workers in that sector. Director General of Small, Medium,…
