Business News
21 Commodities Become Downstream Priorities, Target Investment of IDR 8,244 Trillion
The Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia stated that in the downstream roadmap there are 21 commodities that will be downstreamed until 2040. This means that these commodities can no longer be exported in the form of raw goods."We have now built what is called…
BUMN Realization of Local Product Expenditure Reaches IDR 342.18 Trillion
The realization of SOE spending for the use of domestic products (P3DN) throughout 2022 reached IDR 342.18 trillion.This amount is based on the audit results of the Financial and Development Supervisory Agency (BPKP).Deputy Head of BPKP for State Accountants, Sally Salamah said, the results of BPKP supervision recorded that BUMN's…
Ministry of Cooperatives and SMEs Facilitates Registration of Intellectual Property Rights for MSME Trademarks
The Ministry of Cooperatives and SMEs (KemenKopUKM) through Smesco Indonesia facilitates the registration and management of intellectual property rights (HAKI) for MSME trademarks. Main Director of Smesco Indonesia Leonard Theosabrata said, the ease of managing intellectual property rights through Smesco is the result of collaboration with the Ministry of Law…
Coordinating Minister Luhut Targets 5 Super Priority Tourism Destinations Completed in 2024
The Coordinating Minister for Maritime Affairs and Investment (Menko Marves), Luhut Binsar Pandjaitan, ensured that Indonesia's 5 Super Priority Tourism Destinations (DPSP) would be completed by 2024. For now, Coordinating Minister Luhut revealed that the construction of the 5 DPSPs was being monitored according to the target or progress on…
