Pekanbaru’s Festival Rakyat 2026 and World Cup Public Viewing Generate Over Rp200 Million in Local Economic Activity, Showcasing UMKM Vitality

Introduction: A Resounding Economic Triumph in Pekanbaru Pekanbaru, the bustling capital of Riau Province, recently witnessed a significant economic surge during the "Festival Rakyat 2026" and the accompanying "Nobar Bola…

Bank Maluku Malut Navigates Economic Headwinds with Robust Growth, Strategic Support for Government Programs, and Proactive UMKM Financing Initiatives

Jakarta, CNBC Indonesia – Syahrisal Imbar, President Director of Bank Maluku Malut, has affirmed the regional development bank’s (BPD) steadfast commitment to driving business growth amidst a complex economic landscape…

Indonesian Government Mandates E-commerce Contracts to Stabilize UMKM Costs and Foster Fair Digital Marketplace

Jakarta, CNBC Indonesia – The Indonesian government is set to introduce a pivotal new Ministerial Regulation for Micro, Small, and Medium Enterprises (UMKM) that will mandate contractual agreements between e-commerce…

OJK Unveils Sweeping Reforms to Accelerate National 3 Million Homes Program, Bolstering UMKM Access to Housing Finance

Jakarta, Indonesia – The Financial Services Authority (OJK) has announced a robust package of policy reforms and strategic initiatives aimed at significantly accelerating Indonesia’s ambitious national priority program to provide…