Business News
The Success of UMKM Unici Songket Silungkang, BRI's Effort to Encourage Cultural Heritage Products to Penetrate the International Market
The beauty of songket cloth, one of Indonesia's cultural heritages, continues to be preserved and developed by the next generation. One of them is Unici Songket Silungkang, a weaving business from West Sumatra that has successfully penetrated the national and international markets. In Silungkang, West Sumatra, the craftsmen still maintain…
Java Coffee Estate Strengthens Sustainability Standards, Indonesian Premium Coffee Exports Increase
Java Coffee Estate (JCE), a coffee plantation managed through a collaboration between PTPN IV PalmCo and PTPN I, continues to strengthen its position as one of Indonesia's specialty Arabica coffee producers that prioritizes sustainability standards with international certification. Throughout 2024, JCE recorded positive export performance. This success cannot be separated…
Following the Imposition of High Import Tariffs by the US, Indonesia is Able to Maximise its Shrimp Exports to Japan and Malaysia
Chairman of the Indonesian Traditional Fishermen's Union (KNTI), Dani Setiawan, said that as a result of the imposition of US tariffs, Indonesia could maximise exports of fishery products such as frozen shrimp to Japan, China, Taipei, Malaysia, Spain and France. According to Dani, the Indonesian government should immediately execute more…
Bali Remains a Magnet for Property Investment, Developers are Preparing for This Move
Post COVID-19, Bali's annual visitor numbers increased, and with them, the demand for residential property. In June 2024, data on Bali's total property sector revenue from REID (Realinfo.id) reached USD 142 million or IDR 2.3 trillion (Kurs 16,878), representing a 33% increase compared to May 2024. Meanwhile, data from Bali's …
