Business News
Bandung Coffee Farmers Achieve Successful Export of Seven Tons of Coffee to Saudi Arabia
Kelompok Tani Kopi Wanoja, an MSME from Bandung, marked a significant milestone by exporting seven tons of Arabica coffee to Saudi Arabia, generating a total export value of 72,705 USD (equivalent to approximately IDR 1.4 billion). Bambang Lusanto Gustomo, from the West Java Customs and Excise Office, praised the achievement,…
Inviting Foreign Investors, Government Will Develop Tuna Cultivation Centers in Papua
Indonesia aims to establish offshore tuna aquaculture in the Biak Numfor region, Papua, positioning it as a primary tuna export hub. The Minister of Marine Affairs and Fisheries, Sakti Wahyu Trenggono, plans to invite successful Turkish investors in Atlantic bluefin tuna cultivation to contribute to this initiative. Biak Numfor's strategic…
Indonesia’s Sustainable Products Enliven the Largest Agricultural Exhibition in the World
Indonesia has made its debut at the Salon International de l'Agriculture (SIA), one of the world's largest agricultural and livestock exhibitions. The event, held in Paris from February 24 to March 3, saw the participation of several Indonesian companies committed to sustainable practices and possessing geographical indication certificates. This historic…
Crowded with Foreign Investment, Indonesia's Trade Balance will have a Surplus of US$ 6.3 Billion in 2023
Indonesia's trade balance for 2023 recorded a surplus of USD 6.3 billion, surpassing the USD 4.0 billion surplus in 2022, according to Erwin Haryono, Head of the Communication Department at Bank Indonesia. This positive trend is primarily attributed to the robust performance of capital and financial transactions. Erwin emphasized that…
