Indonesia Launches Programs to Boost MSME Access and Modernize Fisheries
- Reports
- 2
- Developments
- 4
- Repetition
- 50%
New informationRepeats or wire copies
What happened
The government of Indonesia is implementing programs to support Micro, Small, and Medium Enterprises (MSMEs) by expanding access to halal certification in cooperation with the Halal Product Assurance Agency. Additionally, the government is developing the Sapa UMKM platform to provide 57 million MSMEs with access to financing, licensing, and training. Separately, a national priority program was announced to modernize 4,582 fishing vessels in Indonesia, which is targeted to achieve an annual fish catch of 2.3 million tons.
Why it matters
These initiatives aim to strengthen the contribution of the marine and fisheries sector to state revenue and increase profitability. The MSME programs seek to expand market opportunities and consumer confidence for small businesses across Indonesia.
Who's involved
- IndonesiaThe geopolitical state implementing the national programs for MSMEs and fisheries
- Bank MandiriAn Indonesian bank that may see increased loan volume from MSME financing
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Bank MandiriSpeculative
Bank Mandiri could boost loan volume due to increased MSME financing access via the Sapa UMKM platform.
How it developed
Newest first. Tap a step to see who reported it.- Bank Indonesia is supporting Micro, Small, and Medium Enterprises (MSMEs) through its regional office presence in Lampung.Sub-event
- A leading government initiative has been announced to support Micro, Small, and Medium Enterprises (MSMEs) in Indonesia.Sub-event
- A minister is driving the national self-reliance agenda in Indonesia, with a university contributing to national development.Sub-event
Minister implements MSME programs in Indonesia.1 source
Keep exploring
The entities involved
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Indonesia
island country in Southeast Asia and Oceania
Related events
- A Minister in Indonesia participated in system integration, supported national investment growth, and oversaw foreign worker licensing.
- A ministerial meeting was held in Jakarta, Indonesia, led by the Coordinating Ministry for Political and Security Affairs.
- An Indonesian minister provided educational assistance for disaster victims in NTT.