Business News
ICEF-IPFE 2025: Driving Accelerated Economic Growth through Digital Procurement
Government spending through the LKPP e-Catalog system continues to show a significant growth trend year after year. The value of e-Catalog transactions increased from IDR 83.6 trillion in 2022, to IDR 223.81 trillion in the third quarter of 2024. The Government Goods/Services Procurement Policy Agency (LKPP) also recorded a significant…
Indonesia Secures IDR 9.19 Billion in Potential Transactions at Mega Halal Bangkok 2025, Strengthening Its Position in the Global Halal Market
From 16-18 July 2025, the Mega Halal Bangkok 2025 exhibition took place at the Bangkok International Trade and Exhibition Centre (BITEC) in Bangkok, Thailand. During the event, Indonesia successfully recorded significant transaction potential of USD 563,000, or approximately IDR 9.19 billion. Indonesian Trade Attaché in Bangkok, Rafika Arfani, stated that…
By 2026, the IMF Predicts Indonesia's Economy Will Grow 4.8%
According to the latest projections by the International Monetary Fund (IMF) in the July 2025 edition of the World Economic Outlook Update, Indonesia's economic growth is expected to reach 4.8% in 2025, with a projected consistency in this level in 2026. While this figure is slightly lower than in previous…
Merah Putih Cooperative Promotes Local Potential, Drives Grassroots Economy
The Merah Putih Cooperative in Central Kalimantan acts as a driving force for the grassroots economy based on local potential. Through an inclusive and participatory approach, the cooperative actively collaborates with micro, small, and medium enterprises (MSMEs), farmers, and fishermen to manage and market the region's flagship commodities. This initiative…
