UMKM
Government raises KUR ceiling to Rp320 trillion for 2026
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Indonesia's government has raised the KUR credit ceiling to Rp320 trillion for 2026, removing loan frequency limits and setting a flat 6% interest rate. UMKM Minister Maman Abdurrahman reaffirmed that applications for KUR under Rp100 million require no collateral, while acknowledging some banks still demand it.
The Ministry of Coordinating for Community Empowerment is holding Pasar 1001 Malam from March 11-13, 2026, in Banda Aceh to bolster local UMKM while emphasizing humanitarian aspects. The event targets post-disaster communities with various social and economic programs. Deputy Leontinus Alpha Edison stressed the integration of economic strengthening and social care.
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The Trademark Market exhibition, featuring hundreds of local UMKM brands, is back at Hotel Trans Luxury Bandung for two weeks. The event has been extended from four days to eight to handle the surge of 70,000 visitors from last year. Bank Mandiri supports it as the official banking partner to bolster the retail and UMKM sectors.