Business News
Hendry Munief Boosts Riau’s Tourism Growth with Ongoing Training for Local Tourism Actors
To strengthen Riau’s tourism sector, Member of Parliament Hendry Munief has once again launched tourism training programs aimed at empowering local tourism activists to better promote regional destinations and events. Held in Pekanbaru on May 2–3, this marks the fourth and fifth training sessions conducted by Indonesia’s Ministry of Tourism…
Government Boosts Domestic Consumption to Sustain National Economic Growth
To sustain Indonesia’s economic growth, the government is intensifying efforts to stimulate domestic consumption, which contributes 54% to the national GDP. Coordinating Minister for Economic Affairs Airlangga Hartarto emphasized that this aligns with President Prabowo Subianto’s directive to maximize the country’s economic potential. Successful initiatives like Friday Mubarak and Belanja…
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…
