Business News
Indonesia Commits to Enhance Cooperation with WFP
The Indonesian government has expressed its commitment to enhancing cooperation with the World Food Programme (WFP), the United Nations humanitarian organization that provides food aid. According to a press release from the Indonesian Embassy in Rome, Italy, received in Jakarta on Wednesday, Indonesian Ambassador to the WFP, Junimart Girsang, stated…
Exports of Footwear from Indonesia Projected to Experience 10% Growth Following the Implementation of Tariffs Imposed by the United States
On September 2, 2025, Aprisindo Chairman Eddy Widjanarko stated that the Indonesian footwear industry is in a very stable position, suggesting the potential for continued growth in the US market, despite the slight increase being modest. The Indonesian Footwear Association (Aprisindo) is targeting a 10% growth in national footwear exports…
Masela Block Worth IDR 342 Trillion Set for Construction
On 28 August 2025, Deputy Minister of Energy and Mineral Resources Yuliot Tanjung emphasised the significance of accelerating the implementation of the Masela Block project, stating that the government is providing comprehensive support through the implementation of flexible procurement regulations and accelerated licensing processes, ensuring the seamless progression of all…
Bank Bjb Participates in IDR 600 Billion Strategic Chemical Project
On 26 August 2025, Bank Bjb entered into a syndicated loan agreement with PT Hidrogen Peroxida Indonesia (HPI), totalling IDR 600 billion. With a tenor of 90 months (approximately seven and a half years), including a grace period. This initiative underscores Bank Bjb's commitment to fostering the growth of strategic…
