Business News
Ministry of Industry Aims to Position Indonesia as a Global Halal Industry Hub
The Ministry of Industry, through the Industrial Services Standardization and Policy Agency (BSKJI), is committed to enhancing the competitiveness of Indonesia’s halal industry. According to the State of the Global Islamic Economy Report 2023/2024, global consumption of halal products is projected to reach USD 2.4 trillion (IDR 37,200 trillion) in…
Basuki Targets IDR 60.9 Trillion Investment in the Housing Sector in the National Capital City (IKN)
The Head of the Nusantara Capital Authority (IKN), Basuki Hadimuljono, has set a target of IDR 60.93 trillion for investments in the housing sector to be made in IKN. This figure is based on the investment plans of six companies that are in the process of investing through government cooperation…
Ministry of Trade and Ministry of BUMN of the Republic of Indonesia Signed MoU, Synergy to Strengthen Export-Ready UMKM
The Ministry of Trade and the Ministry of State-Owned Enterprises (BUMN) of the Republic of Indonesia have signed a Memorandum of Understanding (MoU) to develop and empower export-ready micro, small and medium enterprises (UMKM). The scope of cooperation agreed in the MoU includes strengthening domestic supply chains, improving human resource…
Central Kalimantan Sees Increase in Export Value to Japan
Central Kalimantan recorded a significant increase in export value to key destinations in December 2024, with Japan, China, and Vietnam as the main export markets. Exports to Japan reached USD 159.46 million, contributing 38.22% of the province’s total exports, followed by China at USD 106.83 million (25.61%) and Vietnam at…
