Business News
World Economic Forum: Coordinating Minister Airlangga Emphasizes the Importance of ASEAN and Gulf Cooperation Council Collaboration as Two New Economic Forces of the Future
Minister of Economic Affairs Coordination, Airlangga Hartarto, attended the World Economic Forum (WEF) Special Meeting on Global Collaboration, Growth, and Energy for Development in Riyadh, Saudi Arabia, on April 28-29, 2024. The two-day event convened over a thousand global leaders and experts from various sectors, including government officials, academics, business…
SML: Indonesia Emerges as an Investor Destination for Startup Sector
Irawan Harahap, CEO of Digital Tech Ecosystem & Development at Sinar Mas Land, highlights Indonesia's growing appeal among investors seeking opportunities in the startup sector. He attributes this attractiveness to the country's rapid economic growth, widespread internet penetration, and dynamic startup ecosystem. According to data from the Indonesian Ministry of…
Palm Oil Dominates Export Commodities from Teluk Bayur Port
The Office of Customs and Excise Supervision and Service (KPPBC) Teluk Bayur, Padang City, notes that palm oil (CPO) and its fractions dominate the export commodities from West Sumatra in the first quarter of 2024. Approximately 75 to 80% of the total monthly exports consist of CPO, followed by exports…
LPEI Urges 104 SMEs to Expand Export Markets in Early 2024
The Indonesian Export Financing Institution (LPEI), also known as Indonesia Eximbank, has facilitated 104 Indonesian exporters in securing new buyers from various countries with business deals worth up to IDR 1 billion. LPEI encourages a wide range of Indonesian products, from fashion, home decor, furniture, food and beverages to spice…
