Business News
Indonesia and Italy Strengthen Strategic Partnership as Trade Reaches USD 3.9 Billion
Indonesia and Italy continue to reinforce their strategic economic partnership amid global trade challenges, as highlighted during a meeting between Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto and Italy’s Deputy Minister of Foreign Affairs Maria Tripodi in Jakarta. Both sides reaffirmed their commitment to deepening cooperation in key areas…
KKP Facilitates 0% Export Tariffs for Indonesian Tuna and Skipjack to Japan
The Ministry of Marine Affairs and Fisheries (KKP) has announced a significant breakthrough for the national fishing industry by facilitating a 0% export tariff for tuna, skipjack, and mackerel to Japan. This policy is a key component of the Protocol to Amend the Indonesia-Japan Economic Partnership Agreement (IJEPA). Previously, Indonesian…
KNMP Bulukumba Initiates Historic First Seafood Export to Saudi Arabia
The presence of the Red and White Fishermen's Village (KNMP) in Bulukumba, South Sulawesi, has successfully catalyzed the local fishery economy by launching its inaugural seafood export to Saudi Arabia. Nearly one ton of fresh fish, specifically tiger grouper and Spanish mackerel (tenggiri) caught by coastal fishermen from KNMP Bentenge,…
Banyuwangi's Exports Hit IDR 3.9 Trillion, Fisheries Products Lead Global Demand
Banyuwangi Regency has recorded a remarkable export performance throughout 2025, with total value reaching USD 232 million, or approximately IDR 3.9 trillion. This figure represents an 18.33% year-on-year increase compared to the previous year's achievement of USD 196 million. According to Regent Ipuk Fiestiandani, Banyuwangi’s superior products have now reached…
