Business News
Indonesia's Economic Growth Is Supported By Investment In Mineral Downstreaming And Agriculture.
Projections from various international institutions such as the IMF, World Bank, ADB, OECD, and Fitch Ratings suggest that the Indonesian economy is poised to maintain positive growth in 2024, hovering around 5%. David Sumual, Chief Economist of Bank Central Asia (BCA), forecasts Indonesia's economic growth to reach approximately 5%-5.2% this…
Bulog Has Been Assigned To Import 3.6 Million Tons Of Rice, With The Possibility Of An Increase
Perum Bulog has been assigned to import 3.6 million tons of rice throughout 2024. Bayu Krisnamurthi, the CEO of Perum Bulog, anticipates that this quota will suffice to maintain domestic rice availability. "God willing, it will be sufficient," Bayu stated during a media briefing in Jakarta on Tuesday, April 2,…
Through Beauty Conference, ParagonCorp Drives Transformation in Indonesia's Cosmetic Industry
ParagonCorp, renowned for its cosmetic brands such as Wardah, Make Over, Emina, and Kahf, hosted the Beauty Conference (BCF), a conference event for Beauty Advisors (BA) nationwide. BCF goes beyond a conference and awards ceremony; it serves as a call to action for BAs to drive change in the beauty…
The Ministry of Investment Successfully Issues 8 Million NIBs
By the end of the first quarter of 2024, the Ministry of Investment/Investment Coordinating Board (BKPM) has launched a record-breaking 8.13 million Business Identification Numbers (NIB). This figure represents a significant milestone in NIB issuance, totaling precisely 8,131,284 NIBs. The breakdown includes 7,809,869 micro-enterprises, 202,249 small enterprises, 52,247 large enterprises,…