Vietnamese crab exporterdouble-skinned crabs

BNI, Bank Indonesia Help MSMEs Export to S. Korea, Japan

The Jakarta Globe
November 27, 2023 | 8:06 am
SHARE
(Photo courtesy of BNI)
(Photo courtesy of BNI)

Jakarta. State-owned bank BNI is partnering with Bank Indonesia to develop the Xpora program as a means to help micro, small, and medium enterprises export their goods to South Korea and Japan.

BNI and the central bank recently held a seminar and business matching event in Padang. BNI Xpora also partnered with the trade attachés of Seoul (South Korea) and Japan for a business matching between participating MSMEs and potential buyers from the said two countries. Over 150 MSMEs took part in the business matching. The event also took place in conjunction with the Sumbar Creative Fest pre-event.

According to BNI’s corporate secretary Okki Rushartomo, the capacity-building program demonstrates BNI Xpora’s efforts to empower Indonesian MSMEs for the global market.

“BNI Xpora will help the exports of local products and take Indonesian MSMEs to go global,” Okki was quoted as saying in a recent press statement.

ADVERTISEMENT

The one-on-one business matching is also expected to bridge Indonesian MSMEs to Japan and South Korea, according to Okki. BNI also has branch offices across 7 countries to help these MSMEs access the global market.

“We hope this program can boost Indonesia’s export volume and foreign exchange, while also introducing locally made goods to Korea and Japan,” Okki said.

Tags: Keywords:
SHARE

Related Articles


Business May 25, 2026 | 6:37 pm

BI Raises Rates to Defend Rupiah, Attract Foreign Capital

BI says its rate hike aims to stabilize the rupiah and lure foreign capital amid global market pressures and rising dollar demand.
Business May 22, 2026 | 3:11 pm

Indonesia Posts $9.1 Billion Balance of Payments Deficit in First Quarter

Indonesia recorded a $9.1 billion balance of payments deficit in the first quarter as global uncertainty weighed on trade and capital flows.
Business May 22, 2026 | 1:45 pm

Indonesia's Exporters Can Hold Proceeds Onshore in Chinese Yuan

In about a week from now, most exporters of natural resources must park their earnings onshore for at least a year.
Business May 22, 2026 | 1:42 pm

Bank Indonesia Allows Export Earnings Deposits in Non-US Currencies

Bank Indonesia has expanded allowable currencies for export earnings deposits, reducing reliance on the US dollar.
Business May 20, 2026 | 2:50 pm

BI Raises Rates to 5.25% as Middle East Turmoil Hits Rupiah

Bank Indonesia raised rates by 50 bps to 5.25%, exceeding forecasts as policymakers moved to defend the rupiah.
Business May 20, 2026 | 9:09 am

JCI Weakens Below 6,400 Amid Commodity Export Concerns

JCI extended losses as rumors of tighter commodity export controls fueled investor concerns over corporate margins.
Business May 19, 2026 | 4:18 pm

Indonesia Cuts Dollar Purchase Limit to $25,000 to Defend Rupiah Effective in June

Indonesia will halve the limit for dollar purchases without underlying transactions as authorities seek to stabilize the rupiah.
Business May 18, 2026 | 5:17 pm

Perry Warjiyo Predicts Rupiah Strengthening to Rp 16,200–16,800 per Dollar by Q3

Bank Indonesia expects the rupiah to strengthen in the third quarter as seasonal dollar demand pressures ease.
Business May 15, 2026 | 4:00 pm

China Products, Rising Fees Hit Indonesian Online Sellers

Indonesian MSMEs face shrinking margins as rising marketplace fees collide with a flood of low-cost Chinese products.
Business May 13, 2026 | 4:48 pm

BI Confident Rupiah Will Stabilize and Rebound Despite Global Pressures

Bank Indonesia said strong economic fundamentals will help stabilize and strengthen the rupiah amid global pressures.

The Latest


News 25 minutes ago

Indonesia Seeks Oil Output Boost From Community-Managed Wells

Indonesia aims to raise output from community-managed oil wells to 2,000 bpd by July as it seeks to boost supply and curb import dependence.
Special Updates 1 hours ago

Pegadaian Debuts Overseas with First Timor-Leste Branch

Pegadaian opened its first overseas branch in Timor-Leste, recording over 600 transactions and $329,882 in financing.
Business 2 hours ago

Bank Indonesia Pushes De-Dollarization Efforts as Rupiah Nears Rp 18,000 Per Dollar

Bank Indonesia is expanding local currency settlement cooperation as the rupiah weakens toward Rp 18,000 per dollar.
News 3 hours ago

Indonesia Urges Hajj Pilgrims to Stop Packing Holy Zamzam Water in Their Luggage

Saudi authorities intensified inspections of Indonesian pilgrims' luggage after repeated discoveries of holy zamzam water hidden in baggage.
Business 3 hours ago

JCI Hits 2026 Low as Rupiah Slides Past 17,900, Moody’s Flags Danantara Unit

JCI sank 4.11% to its lowest level this year as the rupiah hit a record low and Moody’s outlook on a Danantara unit rattled investors.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED