Business News
Exceeding 2023 Investment Realization Target, Nevi: Must Have Local Economic Impact
During a recent meeting between the VI Commission of the Indonesian House of Representatives (DPR RI) and the Minister of Investment/Head of the Investment Coordinating Board (BKPM), Nevi Zuairina, a member of DPR RI from the FPKS faction, commended the surpassing of the investment realization target in 2023. The total…
LPEI Encourages 104 SMEs to Expand Export Markets
Indonesia Eximbank has successfully assisted 104 Indonesian exporters in securing new buyers from various countries, with business agreements totaling IDR 1 billion. Collaborating closely with Trade Attaches, the Indonesian Trade Promotion Center (ITPC), Export Associations, Export Centers, and the Indonesian diaspora, Indonesia Eximbank facilitated SMEs in accessing global markets, supporting…
Commencing Rebound, Forestry Products Exports Reach USD 3.5 Billion
Indonesia's forestry sector experienced a notable rebound in export growth, with January-March 2024 exports reaching USD 3.5 billion, marking an 8.3% increase compared to the same period in the previous year. This positive momentum suggests a promising outlook for the national forestry industry, with hopes to match the USD 13.16…
Downstreaming Boosts Value Addition in Mining Industry
MIND ID, a state-owned mining industry holding company in Indonesia, remains steadfast in fulfilling the government's mandate for downstreaming the mining industry. Downstreaming has become a pivotal program in the mining sector, aimed at maximizing the domestic mining industry's potential. According to Heri Yusuf, MIND ID's Corporate Secretary, downstreaming the…
