Business News
Investing Outside Java Has Bigger Impact on Economy
Based on a study on the Impact of Investment Realization on the Economy conducted by the Faculty of Economics and Business, University of Indonesia (FEB-UI), the impact of investment realization really depends on the investment area. "For investment in Java, this only has a big impact in Java. Meanwhile, if…
This Furniture Product from Old Teak Wood from East Java Enters the European Market
Indonesian teak wood is known for its high quality. Therefore, teak wood, whether in whole or in pieces, can be processed into objects of high economic value. This has been proven by Krisna Purnomo, entrepreneur of handicraft products from pieces of old teak wood. He has been running this business…
the Rules of Halal Certification Tariffs and Fees for MSEs
The Indonesian Ministry of Religion (Kemenag RI) as of December 1, 2021 has imposed a service tariff regulation for the Public Service Agency (BLU) of the Halal Product Guarantee Agency (BPJPH). The rules for the cost of halal certification are stated in the Decree of the Head of BPJPH No.…
Ministry of Industry: Fruit Processing Industry is Still Prospective
The Ministry of Industry (Kemenperin) encourages the development of the fruit processing industry, including producing beverage products. This is in line with the downstream industry policy to increase the added value of domestic commodities as well as to support the import substitution program. "The downstream policy that has been launched…
