Business News
Outlined in the RPJMN 2025-2029, Jokowi's Successor Must Continue Nickel and Palm Oil Downstreaming
The Indonesian Ministry of National Development Planning (Kementerian PPN/Bappenas) has outlined comprehensive regulations for the downstreaming program as part of the National Medium-Term Development Plan (RPJMN) for 2025-2029. It is expected that the next president, following Joko Widodo (Jokowi), will be obligated to continue this vital program for commodities like…
Minister of Trade Emphasizes Government's Commitment to Supporting Local Industries and Crafts
Minister of Trade Zulkifli Hasan has reaffirmed the Indonesian government's unwavering support for local industries and handicrafts, emphasizing their crucial role in promoting local culture and bolstering the nation's economic growth. Speaking at the Inacraft 2023 craft exhibition in Jakarta, Minister Zulkifli presented awards to talented artisans and highlighted the…
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…
