Business News
Improving Investor Confidence, Government Maintains National Economic Stability Momentum
The current world economic situation is not good because it is still vulnerable to various risks (downside risks), such as inflation and interest rates which are still high. However, this difficult condition is also a signal for all countries to prepare and strengthen future synergies. In the midst of being…
The Government is Optimistic that the Textile Industry Will Rebound in the Second Quarter of 2023
Minister of Industry Agus Gumiwang Kartasasmita said that until now the industry confidence index (IKI) for the textile and textile products (TPT) industry is still corrected below 50 points. He explained that this was due to the economic slowdown which had corrected demand from the export market.However, according to him,…
Airlangga Claims the Government Has Successfully Saved US$50 Billion in Export Foreign Exchange in 2022
The Coordinating Minister for the Economy Airlangga Hartarto said that the Export Proceeds (DHE) policy which was held for three months could generate foreign exchange reserves of up to US$50 billion a year."So export proceeds are required to be held for three months in Indonesia, around 30 percent are withheld.…
The Positive Impact of Central Kalimantan Food Estate Downstreaming, Breeders Able to Sell 1,500 Ducks per Month
A number of farmers and ranchers have begun to benefit from agricultural integration activities in the food estate area in Central Kalimantan which have been run by the Ministry of Agriculture (Kementan) since 2020. The main commodities cultivated in this integration are rice and corn with horticultural commodities, plantations, livestock.…
