Business News
The Textile and Clothing Industry Continues to Grow Positively
The performance of the manufacturing industry continues to support national economic growth, contributing 19.28% in the first quarter of 2024 compared to 18.57% in the same period in 2023 year-on-year (yoy). Notably, two subsectors, namely the leather, leather goods, and footwear industry, and the textile and apparel industry, exhibited positive…
Jepara Furniture Exports Reach 100 Countries
Jepara's exports have reached over 100 countries worldwide. In 2023, the export value amounted to USD 659.2 million, with USD 302.7 million coming from teak wood furniture. Acting Regent of Jepara, Edy Supriyanta, shared this during a visit from the Indonesia Contigo Latin America and Caribbean delegation at RA Kartini…
NUSATIC-NUSAPET Supports Indonesia in Becoming a Global Ornamental Fish Exporter
Indonesia is set to become a key player in the global ornamental fish industry, both as a leading exporter and as the host of a thriving domestic ecosystem. This ambition was shared by Budi Sulistiyo, Director General of Strengthening the Competitiveness of Marine and Fisheries Products at the Ministry of…
LPEI Implements Digital Transformation to Elevate SMEs
Small and Medium Enterprises (SMEs) contribute 61% to Indonesia's Gross Domestic Product (GDP), amounting to IDR 9,580 trillion. In response, Indonesia Eximbank, also known as the Indonesia Export Financing Agency (LPEI), is encouraging SMEs to advance by producing superior, export-oriented, and competitive products. One of LPEI's initiatives is to develop…
