Economy
Ambassador Wang Lutong Encourages Indonesian SMEs’ China Expansion
China's Ambassador Wang Lutong encourages Indonesian SMEs to expand into the vast Chinese market, highlighting opportunities among 1.4 billion consumers and the diverse...
Ipnu Subroto
UMKM Absorbs 97% Workforce, Remains Indonesia’s Economic Backbone
Indonesia's UMKM sector is the national economy's backbone, absorbing 97% of the workforce. Loto Srinaita Ginting highlights its critical role in job creation.
Ipnu Subroto
Strengthening Local Competitiveness: Bank Indonesia’s Focus on MSMEs
Bank Indonesia emphasizes MSMEs as a key national economic pillar, contributing 60% to GDP and absorbing 97% of the workforce, pushing for financing...
Ipnu Subroto
Singapore Leads as ASEAN Consumer Confidence Stays Resilient in 2026, UOB Reports
ASEAN consumer confidence remained resilient in 2026, with the UOB ASEAN Consumer Sentiment Index holding steady at 54. Singapore recorded the strongest improvement,...
Ipnu Subroto
Jakarta Negotiates with US Over New 10% Tariffs Amid Forced Labor Allegations
Indonesia is engaging in consultations with the US Trade Representative to secure better tariff terms. This comes after Washington imposed a 10% duty...
Ipnu Subroto
Indonesia’s 90-Day Oil Reserve Plan Lacks Serious Investors, Government Confirms
Indonesia's ambitious plan for a 90-day strategic petroleum reserve is struggling to attract serious investors, with construction yet to begin, the government states.
Ipnu Subroto
