Business News
To Facilitate Fisheries Exports, KKP Collaborates with Various Parties
The Ministry of Marine Affairs and Fisheries (KKP) is partnering with local governments and SOEs to simplify the fisheries export process and boost Indonesia’s export performance. Recently, the KKP’s Quality Assurance Agency, alongside Customs, the Bengkulu Trade Office, BPOM, and PT Garuda Indonesia, held a coaching clinic in Bengkulu to…
Craft Industry Projected to Grow at a 7.2% CAGR
The craft industry, a key subsector of Indonesia’s creative economy, contributed Rp102.44 trillion in value added during the first half of 2024, accounting for 13.6% of the sector's total. The industry is projected to grow at a 7.2% CAGR from 2020 to 2026. To support this growth, the Ministry of…
Government Expands Exports to Alternative Markets
The Indonesian government is actively exploring the potential to expand exports to alternative markets, including ASEAN+3, BRICS, and Europe, amidst the U.S. import tariff policy. According to the Financial System Stability Committee (KSSK), Indonesia's economic growth in the first quarter of 2025 is expected to remain positive despite global uncertainties.…
KEK Galang Batang Boosts Bintan's Economic Growth and Creates Thousands of Local Jobs
The Galang Batang Special Economic Zone (KEK) on Bintan Island, Riau Archipelago, continues to play a pivotal role in driving regional economic growth and improving the welfare of local communities. PT Bintan Alumina Indonesia (BAI) owner, George Santos, highlighted the zone's success, attributed to well-developed infrastructure, including a port capable…
