Business News
Bulog Reports Imported Rice Realization Reached 2.2 Million Tons as of June 2024
As of the end of July 2024, Indonesia has imported 2.2 million tons of rice, according to Perum Bulog President Director Bayu Krisnamurthi. He stated that the primary sources of this rice are Thailand and Vietnam, though he did not specify the exact percentages from each country. Bulog has been…
Increase Sumatra’s Export Potential, LPEI Holds Forum with Top Exporters
The Indonesia Eximbank (LPEI) held a forum with top exporters from North Sumatra (Sumut) during the "LPEI Export Forum and 2024 Special Export Assignment Program Socialization" on Thursday, July 25, 2024. This event was organized in collaboration with the Directorate General of Financing and Risk Management (DJPPR) of the Ministry…
Balikpapan Ready to Become a Creative Economy Hub: Welcoming the Nusantara Capital Era
Balikpapan, traditionally recognized as an industrial and service hub, faces significant challenges and opportunities with the establishment of the new capital, Ibu Kota Nusantara (IKN), in Penajam Paser Utara and Kutai Kartanegara. This development positions Balikpapan as a crucial gateway, necessitating readiness for substantial changes. The creative economy sector becomes…
Indonesia Promotes Global Cooperation on Economy and Climate at G20 Brazil
Indonesian Finance Minister Sri Mulyani Indrawati emphasized the importance of global cooperation to address economic challenges and climate change at the Third G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Brazil. She highlighted the necessity of economic coordination to tackle global issues such as climate change and inequality,…
