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View all search resultsThe Investment Ministry/Investment Coordinating Board (BKPM) has urged the Banten provincial government to maintain a conducive and healthy investment climate, ensuring investors feel comfortable and do not withdraw. This follows complaints from investors about frequent requests for donations or other contributions from certain groups.
A top adviser to President Prabowo Subianto says the government will issue a presidential regulation to cancel the debts of some 6 million borrowers to allow them to obtain loans from banks instead of loan sharks or peer-to-peer lending platforms.
Micro, small and medium enterprises (MSMEs) have been in the limelight throughout the 10 years of President Joko “Jokowi” Widodo’s administration, with the Directorate General of Taxation of the Ministry of Finance taking concrete steps to reinforce their venture performance.
PT Permodalan Nasional Madani (PNM), through its Tarakan branch, continues to demonstrate its commitment to empowering micro, small and medium enterprises (MSMEs), particularly in the country's border areas. This time, Nunukan regency, Sebatik district, which shares a border with Malaysia, has become PNM's focus for providing financial training to local residents.
Micro, small and medium enterprises (MSMEs) hold a vital role in the national economy, becoming a backbone of economic stability, and have proven to be resilient in the face of crises such as the COVID-19 pandemic. MSMEs dominate economic growth by contributing around 60.5 percent of gross domestic product and absorbing 96.9 percent of the total workforce. Therefore, the government continues to encourage the MSME sector through various policies and programs that are expected to advance the sector so that it can participate in the global value chain.
Minister of Tourism and Creative Economy Sandiaga S. Uno has urged micro, small and medium enterprises (MSMEs) to take advantage of the opportunities presented by the digital economy, which is estimated to reach US$110 billion by 2025, while assuring MSMEs that the government was working continuously to ensure their protection and fair competition so their businesses could grow.
The Indonesian Technology Innovation (INOTEK) Foundation, in collaboration with the National Research and Innovation Agency (BRIN) and with the full support of the Sampoerna Entrepreneurship Training Center (SETC) under the umbrella of the Sampoerna for Indonesia sustainability program, held the Innovation and Digitalization for Entrepreneurial Advancement (IDEAL) event on Oct. 10 in Jakarta.
The operation of Chinese e-commerce Temu has been blocked in Indonesia after industry groups urged the government to take the app down over concerns that it threatened local micro, small and medium enterprises (MSMEs).
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