Business News

Minister Bahlil: Investment in Java and Outside Java is Balanced, Thanks to Infrastructure

The Minister of Investment/Head of the Investment Coordinating Board, Bahlil Lahadalia, said that the realization of investment between Java and Outside Java was balanced. In fact, it was recorded higher outside Java. Bahlil said this could not be separated from the massive infrastructure development carried out by President Joko Widodo,…

Ministry of SOEs' Endeavours to Boost MSME Growth

Micro, small, and medium enterprises (MSMEs) play an important role as part of Indonesia’s economic backbone. President Joko Widodo had earlier stated that MSMEs required to have greater access to business capital funding, to which end he aimed that by 2024, MSMEs should be able to get 30% of credit…

Ministry to Consider Reactivating Visa on Arrival Scheme in Bali

Minister of Tourism and Creative Economy Sandiaga Salahuddin Uno revealed that his ministry will contemplate on reactivating the visa on arrival scheme in Bali after the island province reopens its doors to international tourists. During an audience with Bali Governor I Wayan Koster in Denpasar, Bali, on Wednesday night (Feb…

Fruit Processing Industry Successfully Enters US to Korean Market

The Ministry of Industry supports the fruit processing industry players to expand their export market. This is because the fruit processing industry has a significant contribution to the manufacturing sector, especially the agro industry. In 2021, the export value of the horticultural processing industry, which includes the fruit processing industry,…
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