Business News
Industrial Downstreaming Key For Becoming Strong Maritime Nation
Indonesia can transform into a powerful maritime country by solidifying its economy through the industrial downstreaming policy, according to the Coordinating Ministry for Maritime Affairs and Investment. Downstream could increase our production and boost the added value of our products and services as stated by the Ministry's Deputy for Maritime…
Sidoarjo's Investment Reaches IDR 5.6 Trillion in the Second Quarter of 2023
The realization of investments in Sidoarjo Regency during the second quarter of 2023 reached IDR 5.6 trillion, equivalent to 78.8% of the 2023 investment target of IDR 7.179 trillion. The high level of investment achievement in Sidoarjo in the second quarter makes the government optimistic about reaching or even surpassing…
Indonesian Completely Built-Up (CBU) Car Exports Increase by 18% in January-August 2023
The performance of completely built-up (CBU) car exports remains positive with continuous growth throughout January to August 2023. According to data from the Indonesian Motor Vehicle Industry Association (Gaikindo), CBU car exports reached 337,312 units during January to August 2023, an increase of 18% compared to the same period last…
Lebak Mangosteen Reaches International Markets
Mangosteen (garcinia mangostana) cultivated by farmers in Lebak Regency, Banten, is now being exported to international markets through a Jakarta-based company. The exported mangosteen comes from approximately 40 hectares harvested from August to September 2023 as stated by Chairman of the National Farmers and Fishermen Contact (KTNA) in Cipanas, Lebak…
