Business News
Reviewing Pasar Baru Bandung: 3,000 Traders, 20,000 Visitors Daily, Economy Thrives
Deputy Minister of Home Affairs Bima Arya Sugiarto visited Pasar Baru Bandung ahead of Eid al-Fitr 1446 H, observing its vibrant economic activity. With approximately 3,000 traders and 20,000 daily visitors, the market remains a key economic hub, especially during the festive season. Although foot traffic is slightly lower than…
Tidore Islands Government Promotes Local Coconut Oil Industry
The Tidore Islands city government is committed to expanding its local coconut oil industry, particularly through the small and medium enterprises (IKM) Sohi Coconut in Akelamo, Oba Tengah. Mayor Muhammad Sinen emphasized the need for greater market support to scale up production and ensure that locally made coconut oil becomes…
Rising Exports Drive 9.1% Increase in Indonesia's Fisheries Trade Surplus
Indonesia's fisheries trade surplus grew by 9.1% in 2024, supported by a 5.7% increase in export value, reaching USD 5.95 billion, while imports declined by 19.8%. The Ministry of Marine Affairs and Fisheries (KKP) highlighted key export commodities, with shrimp leading at USD 1.68 billion (28.2% of total exports), followed…
Indonesia Expands Swiftlet Nest Exports to China, Strengthening Trade Relations
Indonesia continues to boost its exports of swiftlet nests, with China as the primary market. In 2024, Indonesia's global swiftlet nest exports reached USD 428 million, with China absorbing 70% (USD 428.79 million). The China-Indonesia Bird’s Nest Trade Summit Forum 2025, held in Jakarta, aimed to enhance trade collaboration and…
