Business News
The Ministry of Investment Successfully Issues 8 Million NIBs
By the end of the first quarter of 2024, the Ministry of Investment/Investment Coordinating Board (BKPM) has launched a record-breaking 8.13 million Business Identification Numbers (NIB). This figure represents a significant milestone in NIB issuance, totaling precisely 8,131,284 NIBs. The breakdown includes 7,809,869 micro-enterprises, 202,249 small enterprises, 52,247 large enterprises,…
Indosat-Nvidia Joint Investment of IDR 3 Trillion Sets Stage for AI Center in Solo
Minister of Communication and Information Technology (Menkominfo) Budi Arie Setiadi has revealed a significant development in the tech sector, announcing a joint commitment from Indosat Ooredoo Hutchison and Nvidia to establish the National Artificial Intelligence Center in Solo, Central Java. This initiative involves a substantial investment of USD 200 million,…
Bengkulu Province Embarks on Routine Export of Commodities to Overseas Markets: Latest Dispatch Sends 18 Rubberwood Containers to China
Eighteen containers of processed rubber wood commodities from Bengkulu were recently exported directly to China from the Port of Pulau Baai, Bengkulu. Governor Rohidin Mersyah highlighted the need for regular exports of various superior commodities from Bengkulu, emphasizing the importance of accelerating commodity exports in the region. Notably, there has…
The Largest Export To The European Union Amounted To 368,000 Tons
In January 2024, the export performance of crude palm oil (CPO) reached 2.802 million tons, marking a 14.63% increase from December 2023, as reported by the Indonesian Palm Oil Entrepreneurs Association (GAPKI) on Friday, March 29, 2024. GAPKI's Executive Director, Mukti Sardjono, stated that CPO exports experienced a significant surge,…
