Business News
Protect MSMEs From Import Invansion, Government Implements Digital Platform Rules
The government ensures the creation of an equal playing field for domestic products in the digital platform ecosystem. This is very important, considering the potential of Indonesia's digital economy is estimated to reach IDR 5,400 trillion by 2030. Data from idEA shows that 22 million MSMEs in Indonesia have experienced…
East Java Exports Test Market To 3 Countries
The East Java Provincial Government (Pemprov) has initiated a test market export of MSME products worth IDR 1.5 billion to three countries: Saudi Arabia, Malaysia, and Singapore. This test market export is a part of the accelerated efforts to elevate East Java's MSMEs to a higher level and to reassure…
Indonesia Emerges As The World's Largest Footwear Producer
Indonesia stands as one of the largest footwear producers in the world. According to the World Footwear Yearbook 2023 data, in 2022, Indonesia secured its position as the third-largest footwear exporter globally, following China and Vietnam. The export volume of Indonesian footwear products reached an impressive 535 million pairs, accounting…
Minister of Investment Reviews Progress of Paper Mill In Riau With Investment Value Reaching IDR 33.4 Trillion
Minister of Investment/Head of the Investment Coordinating Board (BKPM) inspected the expansion of a downstream project from pulp to paperboard at Riau Andalan Pulp & Paper (RAPP), a major subsidiary of Asia Pacific Resources International Holdings Limited (APRIL Group). RAPP is set to invest IDR 33.4 trillion during the period…
