Business News
Aiming for IDR 1.650 Trillion, Investment Driven to Spread Across Indonesia
The Ministry of Investment/BKPM targets investments worth IDR 1,650 trillion in 2024, up from IDR 1,400 trillion in 2023. Nurul Ichwan, Deputy for Investment Promotion at BKPM, emphasizes the promotion of investment potentials no longer being centralized in Java Island but spreading across various islands. Nurul notes that investment distribution…
The Riau Islands (Kepri) Goes Global as a Producer of Halal Products, Garnering IDR 120 Billion from Exports
The Riau Islands (Kepri) solidifies its position as one of the foremost halal product producers in Indonesia and globally, evidenced by achieving halal product exports totaling IDR 120 billion between 2022 and 2023. Governor Ansar Ahmad credits the Bintan Industrial Estate, particularly the Bintan Core Halal Hub, for playing a…
The Government Encourages 10 Local Furniture SMEs to Penetrate Export Markets
The Ministry of Industry is actively supporting small and medium-sized furniture industries (IKM) by facilitating their participation in national and international exhibitions, such as the Jogja International Furniture and Craft Fair Indonesia (JIFFINA). JIFFINA 2024, held at Jogja Expo Center from March 2nd to 5th, marks its 8th year, showcasing…
To boost the export of F&B products to Mexico, Indonesia participated in the EXPO ANTAD 2024
Indonesia's participation in the 2024 Expo Asociación Nacional de Tiendas de Autoservicio y Departamentales (ANTAD) in Guadalajara, Mexico, aimed to boost transactions to USD 2.3 million (IDR 35.7 billion). The event, inaugurated by Indonesian Ambassador Cheppy Triprakoso Wartono and ITPC Mexico City Head Sunny Adrian, underscores Indonesia's strategic push to…
