Business News
Indonesia's Consumer Confidence Index Remains at Optimistic Level
The Bank Indonesia Consumer Survey for May 2024 indicates sustained consumer confidence in the economy, with the Consumer Confidence Index (CCI) at an optimistic 125.2. This confidence is driven by positive perceptions of current economic conditions and future expectations, according to Erwin Haryono, Assistant Governor and Head of BI's Communication…
New Regulations on Lobster Farming Attract Foreign Investment, Says Minister Trenggono
Minister of Marine Affairs and Fisheries, Sakti Wahyu Trenggono, announced that new regulations on lobster management have successfully attracted foreign investors to engage in aquaculture in Indonesia. Following the investment by five Vietnamese companies in Bali, Chinese investors are now showing interest in lobster farming in the waters of the…
Indonesian Furniture Products Record Transactions Worth IDR 99.46 Billion in Dubai
The Ministry of Trade announced that Indonesian furniture products successfully recorded transactions amounting to USD 6.11 million, equivalent to IDR 99.46 billion, at the international INDEX exhibition in Dubai, United Arab Emirates (UAE). Dewi Rokhayati, Director of Export Development for Manufactured Products, stated that Indonesian furniture continues to be a…
Coordinating Minister Airlangga Visits Russia to Meet with Ministers, Parliament Leaders, and Top Executives, Promotes Economic Cooperation, and Boosts Indonesian Investment and Exports
Amid efforts to bolster economic collaboration with various nations and stimulate exports to maintain a national trade surplus, Coordinating Minister for Economic Affairs Airlangga Hartarto embarked on a diplomatic mission, engaging in bilateral discussions and meetings in Moscow, Russia, from June 10-12, 2024. During his visit, Airlangga convened with multiple…
