Business News

ID Food Pushes Seaweed Exports to China

ID Food, a state-owned enterprise (SOE) in the food sector, is actively promoting the enhancement of value-added products in Indonesia's fisheries and marine sector, particularly by boosting seaweed exports to China. According to Ferry Fardiansyah, VP of Trade and Logistics at ID Food, the prospects for seaweed and fisheries exports…

The Ornamental Fish Exports from South Sumatra Province Reached IDR 448.25 Million Throughout 2023

The Quarantine Office of South Sumatra Province (Sumsel) reported that in 2023, ornamental fish exports amounted to IDR 448.25 million. These exports mainly comprised freshwater ornamental fish such as Botia, Brazilian Arowana, Spotted Fire Eel (Tilan), Khuliload, Tigerfish, and Betutu fish from the region. Head of Quarantine in Sumsel, Kostan…

The Indonesian Palm Oil Plantation Fund Management Agency (BPDPKS) has Stated that Indonesia Aims to Produce 50 Million Tons of Palm Oil by 2025

The Indonesian Palm Oil Plantation Fund Management Agency (BPDPKS) has announced Indonesia's target to produce over 50 million tons of palm oil by 2025. Arfie Thahar, Head of Program Services Division at BPDPKS, highlighted palm oil as Indonesia's leading export commodity, being the world's largest Crude Palm Oil (CPO) producer.…

Minister of Home Affairs: Villages Can Serve as Indonesia's Economic Strength

Minister of Home Affairs (Mendagri) Muhammad Tito Karnavian emphasized the pivotal role of villages as economic engines in Indonesia during the 2024 Indonesia Village Congress held in Jakarta on Friday, March 22, 2024. He underscored that villages hold significant importance, aligning with President Jokowi's vision since 2014 to build from…
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