Business News

The Hosting of INACRAFT 2024 Places Indonesia Among the Top 10 Largest Exporters of Handicrafts in the World

INACRAFT 2024, held from February 28th to March 3rd, 2024, at the Jakarta Convention Center (JCC), was inaugurated by Minister of Cooperatives and SMEs, Teten Masduki. The event aims to position Indonesia as a leading exporter of handicraft products in ASEAN and globally. Indonesia's presence among the top 10 handicraft…

Indonesia Gears Up to Become OECD Member to Achieve Indonesia Emas 2045 Vision

Indonesia is actively preparing to join the Organisation for Economic Co-operation and Development (OECD) as part of its national agenda, particularly aligned with the vision for Indonesia Emas 2045. Airlangga Hartarto, Minister of Economic Affairs Coordination, highlighted the significance of this move, emphasizing the synchronization of the OECD accession roadmap…

Corinaldo, the Double-Digit Tourism Village: 'It's Confirmation of Our Ongoing Commitment'

In 2023, tourism in Corinaldo experienced significant growth, marked by double-digit increases in various aspects. Known for its cultural richness, historical significance, and the famous Halloween festival, Corinaldo attracts tourists seeking unique experiences. The tourism assessor praised the village's warm hospitality and well-planned events, highlighting these as key strengths contributing…

Ministry of Cooperatives and Small and Medium Enterprises: Furniture Industry Boosts Domestic Economic Growth

The Ministry of Cooperatives and Small and Medium Enterprises (KemenkopUKM) highlights the potential of the furniture industry in driving Indonesia's economic growth. Minister Teten Masduki emphasizes the increasing global demand for environmentally friendly furniture, projected to reach USD 51.02 billion by 2024, signaling an opportunity for Indonesia. The ministry supports…
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