Business News
Perbarindo Urges BPR to Become a Pillar of National MSME Development
The Indonesian People's Economic Bank Association (Perbarindo) is encouraging Rural Credit Banks (BPR) and Sharia Rural Credit Banks (BPRS) to play a crucial role in supporting the growth of micro, small, and medium enterprises (MSMEs) across the nation. Perbarindo’s Chairman, Tedy Alamsyah, emphasized that BPR and BPRS aim to revitalize…
Indonesia’s Ministry of Industry Prioritizes Relocation of Import Entry Points for Key Commodities
The Ministry of Industry (Kemenperin) is advancing its plan to shift import entry points for specific commodities to Eastern Indonesia, aiming to protect the domestic manufacturing sector. Minister Agus Gumiwang Kartasasmita emphasized that relocating import ports for certain commodities is a key agenda in the first 100 days of the…
Ministry of Industry Accelerates Support for Economic Growth
The Ministry of Industry (Kemenperin) has expressed its full commitment to supporting the Prabowo-Gibran administration's target of 7-8% economic growth over the next five years by advancing downstream industrial development. "We will accelerate efforts, following the President’s directive, particularly in the manufacturing sector. Each industry's growth must directly correlate with…
Indonesian Oil and Gas Company Strengthens Energy Sector with USD 4 Billion Thailand Partnership
PT Dinamika Utama Energi (DUE) has signed a Memorandum of Understanding (MoU) with Money Station Capital Company Limited (MSC) from Thailand, with a deal valued at USD 11 billion. The MoU was signed on October 16, 2024, with DUE represented by CEO Zaenal Aziz and MSC by President Director Nanprapha…
