Business News
Investment in the Manufacturing Sector Exceeds IDR 565 Trillion, Minister of Industry: Continues to Increase in the Last Decade
Over the past decade (2014-2023), Minister of Industry Agus Gumiwang Kartasasmita asserts a consistent upward trend in non-oil and gas processing industry investments, demonstrating sustained investor confidence in Indonesia's promising business environment. The comparison between 2014 and 2023 reveals a substantial increase in investment value, soaring from IDR 186.79 trillion…
Ministry of Trade: Indonesia-Canada Trade Mission mMeeting Generates IDR 26 Billion
The Ministry of Trade (Kemendag) reported a meeting between Indonesian exporters and Canadian importers, yielding a potential transaction of USD 1.8 million or IDR 26 billion for processed food and beverages. The event, attended by 29 Indonesian exporters and five Canadian importing companies, focused on enhancing exports of processed food…
The Ministry of Trade (Kemendag) is Stepping Up Efforts to Boost the Export of Food Products
The Ministry of Trade, through the Directorate General of National Export Development (Ditjen PEN), is intensifying efforts to bolster the export of food products globally. This initiative aims to ensure the safety of products offered by Micro, Small, and Medium Enterprises (MSMEs) through various programs and initiatives. Deputy Minister of…
LPEI Drives East Java's Home Decor and Crackers Products to Penetrate Export Markets
Indonesia Eximbank (LPEI), in collaboration with the East Java provincial government, has established three new Devisa Villages clusters in Bojonegoro and Gresik focusing on home decor, rattan products, and crackers. LPEI's program entails mentoring and training for 640 artisans from 22 villages in Bojonegoro and Gresik, encompassing three Devisa Village…
