Business News
Indonesia Promotes Lombok as a Center of Excellence for Coconut Downstreaming
In 2023, Indonesia's coconut exports reached USD 1.5 billion, elevating Lombok as a hub for coconut downstreaming. To expand the export market for coconuts, the government has designated Lombok as the Center of Excellence for coconut downstreaming. Known for commodities like palm oil, coffee, and cocoa, Indonesia also holds a…
Meeting with Chinese Ambassador, Airlangga Discusses Nickel Processing Cooperation
Coordinating Minister for Economic Affairs Airlangga Hartarto held a meeting with Chinese Ambassador to Indonesia, H.E. Lu Kang, to promote enhanced cooperation between Indonesia and China in various sectors, particularly in economics, trade, and investment. Minister Airlangga announced that Indonesia will explore the establishment of an R&D Center in collaboration…
Airlangga Invites German Entrepreneurs to Invest in Indonesia's SEZs
In an effort to boost investment in Indonesia's Special Economic Zones (SEZs), the National Council for SEZs, in collaboration with the Indonesian Embassy in Berlin, hosted a business dinner with German entrepreneurs on May 6, 2024. This event, attended by high-ranking government officials and business leaders from Germany, aimed to…
Cirebon Regency's Exports Reach USD 73.06 Million in the First Quarter of 2024
The Department of Industry and Trade (Disperdagin) of Cirebon Regency reported that the export value for the first quarter of 2024 reached USD 73.06 million. Thread has emerged as a leading export commodity in Cirebon Regency, surpassing rattan, which had dominated exports in previous years. The export value of thread…
