Business News
Strengthening Dollar: A Blessing for Furniture and Handicraft Exporters
The strengthening of the US dollar is good news for players in the Indonesian furniture and handicraft export industries. As the US dollar strengthens, the prices of furniture and handicraft products rise in export markets. However, it's crucial to monitor the stability of the US dollar against other currencies, according…
Tobacco Industry, a Lifeline for Millions of Indonesian Residents
The tobacco industry in Indonesia has far-reaching implications for the economy as it involves numerous downstream industries, contributing significantly to the country's economic landscape. Therefore, policies related to this sector should engage all relevant stakeholders across ministries to ensure that resulting policies are balanced and equitable. Carmelita Hartoto, Vice Chairman…
Indonesian Food and Beverage Industry Has the Potential to Become a Key Player in the Global Supply Chain
The Indonesian Ministry of Industry is actively encouraging the food and beverage industry to expand and market its products globally, recognizing its potential to be a key player in the global supply chain. Minister of Industry Agus Gumiwang Kartasasmita emphasized the importance of connecting Indonesian industrial players to global supply…
Investment Realization in KEK Galang Batang Reaches IDR 17.9 Trillion
The Coordinating Ministry for Economic Affairs reports that the investment realization in the Special Economic Zone (SEZ) of Galang Batang, Riau Islands (Kepri), has reached IDR 17.9 trillion. The Acting Secretary-General of the National KEK Council, stated that KEK Galang Batang has shown significant progress, particularly in the export of…
