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.
A people's bazaar titled Istana Untuk Rakyat took place at the Monumen Nasional area in Jakarta on Saturday (March 28, 2026), providing essentials, entertainment, and free prizes to residents post-Lebaran, as instructed by President Prabowo Subianto. The event drew enthusiastic crowds enjoying games, free food, and doorprizes including bicycles and electric motorcycles.
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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.