Collaborating with Indonesian Diaspora in Hong Kong, BNI Encourages West Java MSMEs to Enter Global Market

JAKARTADAILY.ID - PT Bank Negara Indonesia (Persero) Tbk or BNI continues to expand partnerships and develop the capacity of Export-Import-oriented MSME debtors.

Most recently, BNI signed a Memorandum of Understanding (MoU) with PT. Forever Harvest Success (HFS) in Bandung, Tuesday June 21 2022 so that Indonesian MSMEs can penetrate the Hong Kong market

PT HFS is a representative of Indonesian Diaspora companies in Hong Kong which is also a wholesale supplier of 80 partner retail stores in Hong Kong, namely Forever Harvest Co,Ltd.

"We facilitate export-oriented West Java MSME players to be able to meet and explore partnerships with PT. Forever Harvest Success, so it is hoped that in the future these MSME actors can become supplier partners of Forever Harvest Co., Ltd and successfully penetrate the Hong Kong market," said Director of Treasury and International BNI Henry Panjaitan in a press statement, quoted from the official BNI website, Friday, June 24, 2022.

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Henry said BNI is a state bank that has received a mandate to Go Global. Various efforts have been made to expand the market base by BNI to be able to provide added value to the national economy as well as MSME players who are the backbone of the economy.

Throughout January – May 2022, BNI has also managed to record very good export transaction volume growth, with a year-on-year percentage increase of 30.62 percent.

According to Henry, the collaboration initiative with Forever Harvest Success is a strategic step to optimize the competitiveness of export-oriented MSME players, especially in West Java.

With this step, BNI hopes that MSME players will gain comprehensive insight and increase their business capacity and reach so that they can penetrate the global market share.

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Henry continued, the development of strategic cooperation between BNI and PT. Forever Harvest Success is also expected to make a positive contribution to BNI's business volume growth through the utilization of financing products & services, cash management, trade finance, remittances, and other transactional banking products.

In addition, through a network of overseas BNI branches located in Singapore, Hong Kong, Tokyo, London, New York, Seoul and our newest branch in Amsterdam, BNI can facilitate business matchmaking between Indonesian exporters and potential buyers.

"In addition, BNI branches abroad can provide advisory services regarding market insight and local regulations related to custom & tax, and so on, as well as providing special financing schemes for Indonesian business actors starting from the Corporate, Medium, and Small scale so that they are able to penetrate the market. globally," added Henry.