Business News

Non-Oil and Gas Exports Drive Trade Balance Surplus, Observers Respond

Indonesia again recorded a trade balance surplus in April 2022. The value reached USD 7.56 billion or higher than March which recorded a surplus of USD 4.53 billion. The surplus occurred because there were large exports of non-oil and gas commodities, which reached USD25.88 billion, while oil and gas exports…

Food Security, Ministry of Agriculture Encourages Agricultural Digitization and Rural Agriculture Financing

The threat of a food crisis and the Covid-19 pandemic over the past two years has changed the food logistics system in several countries. For this reason, cooperation between countries is needed in efforts to overcome hunger, achieve food security, improve nutrition and promote sustainable agriculture in accordance with the…

Indonesia Becomes a Destination for Foreign Investment in the Infrastructure Sector, What is the Potential?

Indonesia is a country that is currently focusing on infrastructure development. This sector is forecasted to grow at a compounded annual growth rate (CAGR) of around 3% in the next few years. Christovita Wiloto, Founder and Chairman of the Indonesia Investment Forum, said that the Indonesian government will increase its…

Indonesian Fishery Products Accepted by 171 Countries: Official

Indonesian fishery products are accepted in 171 countries, according to head of the Ministry of Marine Affairs and Fisheries' System Standardization and Assurance, Fish Quarantine Agency, Quality Control, and Security of Fishery Product Center (BKIPM). "The main export of Indonesia's fishery products are tuna, skipjack, shrimp, squid, lobster, and crab,”…
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