Business News
Bank Indonesia's Export Kaltimpreneurs Program Produces 62 Potential Export MSMEs
Since 2021, the Export Kaltimpreneurs program by Bank Indonesia (BI) Kaltim Representative has generated 62 potential export MSMEs, with some achieving independent exports worth 2.2 million USD or 35.9 billion IDR to various countries in Asia, Europe, and America. This was announced by Budi Widihartanto, Head of Bank Indonesia Representative…
Increase in Indonesia's Economic Growth in 2024
Indonesia's economic growth, a crucial focus for both the government and citizens, saw a 5.11% increase in the first quarter of 2024, according to the Central Statistics Agency (BPS). This marks a 0.6% rise from the previous quarter, driven by strong domestic demand, heightened household and government consumption due to…
Indonesia Exports Coated Steel to Australia, Canada, and Puerto Rico
Trade Minister Zulkifli Hasan has announced the export of eight containers of coated steel products to Australia, Canada, and Puerto Rico, showcasing the collaboration between the government and businesses to boost Indonesia’s non-oil and gas export performance. "To become a developed country, we must dominate the global market. We take…
Indonesia Offers Tax Incentives to Attract Foreign and Domestic Investment
Indonesia maintains strong economic growth amidst global economic slowdown. National economic growth reached 5.11% in Q1 2024. Coordinating Minister for Economic Affairs Airlangga Hartarto stated that the government has implemented various strategies to boost economic growth, including flexible, responsive, and accommodating fiscal and monetary policies aimed at stimulating consumption and…
