Business News

Singapore Becomes the Largest Foreign Investor in South Sumatra, Its Investment Reaches IDR 26.9 T

Investment in South Sumatra throughout 2024 was recorded at IDR 70.92 trillion. The investment came from domestic investment (PMDN) and foreign investment (PMA). From the available data, it is known that the largest foreign investor in South Sumatra is Singapore with a total of IDR 26.9 trillion. The Young Investment…

The Export Potential of Indonesian MSME Spices and Agriculture Reaches USD 5.22 Million

The Ministry of Trade (Kemendag) reported that, in January 2025, Indonesian MSMEs successfully recorded a potential transaction value of USD 5.22 million from business matching activities. The potential transactions are aimed at products that will be exported by MSMEs. This total includes both purchase transactions and memoranda of understanding (MoU).…

The Ministry of Trade Facilitates Business Matching for MSMEs, Records Export Potential of USD 5.22 Million in January 2025

The Ministry of Trade successfully recorded a potential transaction of USD 5.22 million from business matching activities for micro, small, and medium enterprises (MSMEs) in January 2025. The ministry held the business matching event, through overseas trade representatives, which included business presentations and product pitching sessions, as well as direct…

The Government Encourages Downstreaming for Equitable National Economic Distribution

The government continues to prioritize downstreaming as a key strategy for achieving equitable national economic growth, with President Prabowo Subianto emphasizing large-scale industrialization projects to boost the added value of domestic natural resources. To support this, the government has focused on budget efficiency, with Finance Minister Sri Mulyani Indrawati reporting…
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