Business News

Exotic Tenun Fest 2025 Stimulates New Economic Growth in East Nusa Tenggara

From 10-13 September 2025, Bank Indonesia holds the Exotic Tenun Fest (ETF) 2025 at Lippo Plaza Kupang. The objective of this event is to stimulate the growth of new economic sources based on micro, small, and medium enterprises, with a view to fostering a robust, inclusive, and sustainable economy in…

Implementation and Utilisation of Coal to Promote National Energy Diversification

In a recent technical guidance event held by BBPMB tekMIRA in West Bandung Regency, the government emphasised coal’s strategic role in advancing Indonesia’s national energy diversification, particularly to reduce dependence on subsidised fuels affecting households and small-to-medium industries. Coal currently contributes about 40% to the country’s primary energy mix through…

West Sumatra Receives Seed Aid from the Additional Expenditure Budget in the Agriculture Sector for 2025

In 2025, West Sumatra (Sumbar) will receive agricultural seed assistance via Indonesia’s Additional Expenditure Budget (ABT). The aid includes seeds sufficient for planting 5,000 hectares of corn, 2,000 hectares of coffee, and 100 hectares of coconut. The announcement was made by Indonesia’s Minister of Agriculture, Andi Amran Sulaiman, during a…

Central Java to Receive IDR 135 Billion for Downstream Plantation Sector

The Central Java provincial government is set to receive IDR 135 billion from Indonesia’s Ministry of Agriculture (Kementan) to boost downstreaming in its plantation sector. The funds will focus on expanding land use and improving productivity for three key commodities: sugarcane, coffee, and coconut. The sugarcane initiative in particular is…
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