Business News
Encouraging SME Products to Go International Through Trade Connect Bank Jatim 2024
In a bid to bolster export growth, PT Bank Pembangunan Daerah Jawa Timur Tbk, known as bankjatim, recently sealed Cooperation Agreements (PKS) and Memorandums of Understanding (MoUs) with the Indonesian Exporters Association (GPEI) during the Trade Connect bankjatim 2024 event. These agreements, inked at the Morazen Hotel Surabaya, aim to…
Ministry of Industry: Palm Oil Contributes 70% to Food Industry Export Performance
The Ministry of Industry reported that the palm oil processing sector played a significant role in Indonesia's food industry export performance, contributing 70% to the trade balance in 2023. Setia Diarta, Director of Forest Product and Plantation Industry at the Ministry, highlighted that from January to September 2023, downstream palm…
Indonesian Start-ups Aiming for Global Collaboration in Digital Economy
Several Indonesian start-ups express readiness to collaborate and unleash their potential on the global economy, as stated by Dindin Wahyudin, Economic Diplomacy Advisor at the Indonesian Ministry of Foreign Affairs. This commitment to fostering collaboration and innovation in the evolving digital landscape was emphasized during the "Start Up Talks: Igniting…
World Bank Predicts Indonesia's Economic Growth in 2024 to Reach 4.9%
The Head of the World Bank for Indonesia and Timor-Leste, Satu Kahkonen, anticipates Indonesia's economic growth to reach only 4.9% in 2024. This projection follows a meeting with the Minister of Economic Affairs, Airlangga Hartarto, in Jakarta on Tuesday, February 27, 2024. Kahkonen stated that the World Bank is in…
