Business News
Export-Oriented, Ministry of Villages and Industrial Sector Initiate Handmade Carpet Artisan Village
To enhance rural development, the Ministry of Villages, Development of Disadvantaged Regions, and Transmigration, in collaboration with the industrial sector, is initiating export-oriented handmade carpet artisan villages across Indonesia. As a pilot project, the ministry partnered with HJ Karpet, a local export-oriented carpet company, to provide weaving training in Sendang…
SKK Migas: The Upstream Oil And Gas Industry Drives The Local Economy
The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) emphasized that the presence of the upstream oil and gas industry significantly drives local economic growth. According to Hudi D. Suryodipuro, Head of the SKK Migas Program and Communication Division, this industry plays a vital role in…
To Revitalize the Textile Industry, the Government Will Accelerate EU-CEPA and Revitalize Machinery
To boost the textile industry, the government is accelerating the completion of the EU-CEPA (European Union-Comprehensive Economic Partnership Agreement). Coordinating Minister for Economic Affairs Airlangga Hartarto emphasized the importance of this agreement in enhancing competitiveness and expanding Indonesia's textile exports. The European Union remains the largest market for Indonesian textiles,…
Economist: Trade Surplus Can be Maintained Through Exports to ASEAN
Economist and Executive Director of the Center of Economic and Law Studies (Celios) Bhima Yudhistira Adhinegara assessed that Indonesia's export opportunities can be increased to countries in the Association of Southeast Asian Nations (ASEAN) in order to maintain a trade surplus. "The government may need to penetrate the export market…
