Business News
Kadin: Garment and Footwear Exports to the U.S. Could Create 200,000 Jobs
The Indonesian Chamber of Commerce and Industry (Kadin) sees a major opportunity to boost employment and trade through increased garment and footwear exports to the United States. Kadin Chairman Anindya Bakrie stated that with the right trade momentum, bilateral trade between Indonesia and the U.S. could double from USD 40…
NTB Set to Become Indonesia’s Salt Production Hub to Support National Industry
The Ministry of Marine Affairs and Fisheries (KKP) is positioning West Nusa Tenggara (NTB) as Indonesia’s primary salt production center to address the ongoing shortage of industrial-grade salt. This strategic move aims to achieve national salt self-sufficiency, reducing reliance on imports and preserving foreign exchange. Key locations in Sumbawa and…
Government Boosts Domestic Spending to Support Economic Growth
The Indonesian government, led by Coordinating Minister for Economic Affairs Airlangga Hartarto, is intensifying efforts to stimulate domestic consumption as a key driver of national economic growth. Household spending currently contributes 54% to GDP, aligning with President Prabowo Subianto’s directive to strengthen the domestic economy. Initiatives like Friday Mubarak and…
To Be Able to Compete in the Global Market, Customs Intensifies Export Assistance for MSMEs
Customs continuously intensifies export assistance for Micro, Small, and Medium Enterprises (MSMEs). Through Export Clinic activities and intensive assistance, Customs in various regions such as Cilacap, Tarakan, and Jember demonstrate their commitment to encouraging MSMEs to be able to compete in the global market. Cilacap Customs held an Export Clinic…
