Business News
Strengthening Exports, Ministry of Trade Encourages Business Players to Explore Non-Traditional Markets
The Ministry of Trade (MoT) through the Directorate General of National Export Development (DGNED) is encouraging businesses to boost exports in 2024. This was conveyed by the Director General of DGNED at MoT, Didi Sumedi, during a Focus Group Discussion (FGD) themed "Exploring Market Diversification in Asia, Africa, and the…
Promising National Economic Growth: Australia Strengthens Trade and Investment Commitments
Indonesian Vice Minister of Foreign Affairs, Pahala Nugraha, is actively promoting mutually beneficial trade and investment cooperation with Australia. Discussions with Australia's Deputy Minister of Trade and Deputy Minister of Manufacturing, Tim Ayres, emphasized the potential for collaboration during their recent meeting in Jakarta. Efforts are focused on achieving a…
Deputy Minister of Trade Jerry: Coconut Oil Emerges as North Sulawesi's Leading Export Commodity
During an event in South Minahasa Regency, North Sulawesi, Deputy Minister of Trade Jerry Sambuaga emphasized the export potential of coconut oil, fish, processed foods, and spices from the region. Coconut oil particularly stands out, commanding 55.97% of North Sulawesi's export market share. The central and local governments are committed…
The National Food Agency (Bapanas) Forecasts Indonesia to Have a Rice Surplus of 10.46 Million Tons by the End of 2024
The National Food Agency (Bapanas) anticipates a surplus of 10.46 million tons of rice in Indonesia by the end of 2024, as revealed by Andriko Noto Susanto, Deputy of Consumption Diversity and Food Security at Bapanas, during the Regional Inflation Control Coordination Meeting on February 12, 2024. This projection is…