Business News
Banyuwangi Cocoa Reaches Global Markets, Promoted Through Chocolate Festival
Banyuwangi has emerged as a key player in the global cocoa industry, exporting high-quality beans to countries such as Japan, Ghana, Switzerland, and the Netherlands. At the forefront is the Kendenglembu plantation, managed by PTPN I Regional 5, which cultivates both bulk and premium edel cocoa. The edel variety, considered…
Upstream Oil and Gas Industry Contributes IDR 5,045 Trillion, Supports Clean Energy Transition
The upstream oil and gas sector continues to play a vital role in Indonesia’s economy, having contributed IDR 5,045 trillion in non-tax state revenue (PNBP) over the past 22 years, making it the second-largest contributor to state income after taxation. This milestone was shared by Hudi D. Suryodipuro, Head of…
Global Furniture Market Hits USD 660 Billion, Ministry Encourages Export Growth
The Indonesian Ministry of Industry (Kemenperin) is actively encouraging the furniture industry to boost exports and seize opportunities in the booming global market, which reached a value of USD 660 billion in 2024 and is projected to grow by 4.9% annually until 2034. Director General of Agro Industry, Putu Juli…
Indonesia Manufacturing Center to Strengthen Agri-Machinery Industry and Food Security
The Ministry of Industry is taking significant steps to boost the national agricultural machinery (alsintan) industry to improve the efficiency and productivity of Indonesia's agriculture sector. As a strategic move toward sustainable modernization, the ministry is reinforcing the role of the Indonesia Manufacturing Center to support innovation, technology adoption, and…
