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View all search resultsThe Creative Economy Agency (Bekraf) provided training for business players from 100 small and medium enterprises (SMEs) in the creative economy sector in West Nusa Tenggara (NTB) on how to access capital from Islamic banks during a recent two-day Islamic finance training program.
Bank Indonesia Governor Agus Martowardojo said on Friday that the creative economy and tourism could support the country's future economic growth, as small and medium-sized enterprises (SMEs) in these sectors could potentially contribute 70 percent to gross domestic product (GDP).
As economic competition tightens, the country has to maximize its own resources and capabilities to maintain its existence in the market. Cultural heritage is among resources that should be a big help, Creative Economy Agency (Bekraf) head Triawan Munaf advised.
A lack of financial knowledge has hampered the development of small and medium enterprises (SME) in the creative economy sector, in which many business players overlook the importance of proper financial management to grow their businesses, experts have said.
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