Business News
Indonesia's Furniture Export Market Expected to Grow by 8%
The Chairman of the Indonesian Furniture and Craft Industry Association (HIMKI), Abdul Sobur, forecasts that the export market for Indonesia's furniture industry will grow by 5-8% this year, with the domestic market expected to grow by 4-6%. Speaking in Surabaya, East Java, he highlighted that this growth will be supported…
Indonesia's Electrical Equipment Industry Poised for 15% Growth This Year
The Indonesian Electrical Equipment Manufacturers Association (APPI) is targeting a 10%-15% growth in the electrical equipment industry by the end of 2024, compared to the pre-COVID-19 levels in 2019. APPI Chairman Yohanes Purnawan Widjaja expressed optimism, stating, "We hope to achieve a minimum growth of 10%-15%." Currently, 85% of the…
Hundreds of Chinese Electronics and Machinery Producers Explore Market Opportunities in Indonesia
The bilateral and economic relationship between Indonesia and China is being strengthened through two major exhibitions organized by the China Chamber of Commerce in collaboration with Peraga Expo. These events, the Indonesia International Machinery, Electricity, and New Energy Industry Exhibition (IIME) 2024 and the Indonesia International Paper Chain and Clean…
DIY MSMEs Supported to Export Products
Governor of Yogyakarta Special Region, Sri Sultan Hamengku Buwono X, has requested assistance from the customs authorities to support local SMEs (Small and Medium Enterprises) in the region. The expected support includes facilitating the export of products produced by these SMEs. This was conveyed by Akhmad Rofiq, Head of the…
