#MSME
Indonesia’s middle class shifts focus on value over price
Katadata Insight Center (KIC) has observed a notable shift in consumer behavior among Indonesia’s middle class, driven by a recent decline in the size of this economic group alongside a growing number of aspiring middle class households.
Jakarta Fair 2025 closes with Rp 7.3 trillion in transactions, 5.9 million visitors
The 2025 Jakarta Fair Kemayoran (JFK), Southeast Asia’s largest and longest-running multi-product exhibition, officially concluded on Sunday, July 13, 2025at the Jakarta International Expo (JIEXPO) Kemayoran, Central Jakarta, recording a total of Rp7.3 trillion (US$442 million) in transactions and attracted 5.9 million visitors.
Government clarifies e-commerce platforms not to collect taxes from MSMEs
Minister of Cooperatives and Small and Medium Enterprises (SMEs), Maman Abdurrahman, has emphasized that e-commerce platforms will not be appointed to collect taxes from micro, small, and medium enterprises (MSMEs) operating on their platforms.
Sumitronomics approach seen as key to boosting RI's sustainable economic growth
A senior economist expresses his belief that economic principles of "Sumitronomics" could play a vital role in accelerating Indonesia's economic growth, citing that many ideas from Indonesia’s renowned economic thinker, Sumitro Djojohadikusumo, remain highly applicable in today's context.
Massive village cooperatives drive launched to strengthen grassroots economy
Minister of Cooperatives, Budi Arie Setiadi, said the government will establish 80,000 Red-and-White Village/Sub-district Cooperatives (Kopdes), with an estimated budget of Rp5 billion (US$297,353) for each cooperative.
Govt targets US$18.84 B in MSME exports by 2025 via inter-ministerial collaboration
The Ministry of Trade is targeting exports of micro, small and medium enterprises (MSMEs) to 33 countries to reach US$18.84 billion (Rp306.52 trillion) in 2025, a 12.54 percent incfrease from 2024.