Business News

Indonesia's OECD Membership Expected to Boost Growth and Investment

Entering mid-2024, the national economy of Indonesia is demonstrating stronger growth with a first-quarter growth rate of 5.11% year-over-year (yoy), higher than both Q1-2023 and Q4-2023, which were 5.04% (yoy). Coordinating Minister for Economic Affairs, Airlangga Hartarto, attributes this solid economic growth to positive assessments from various rating agencies, affirming…

Kalamo Biak Ready to Export Tuna Products

The Kampung Nelayan Modern (Kalamo) in Biak, Papua, is preparing to export tuna directly to various countries. This initiative, driven by the Ministry of Maritime Affairs and Fisheries (KKP), follows a cooperation agreement signed by the Samber Binyeri Cooperative, PT Perikanan Nusantara Jaya, PT PINDAD International Logistik (PIL), and PT…

Indonesia Pursues Coffee Trade Opportunities with Australia at MICE 2024

Indonesia aims to foster coffee trade partnerships with Australia at the Melbourne International Coffee Expo (MICE) 2024, led by the Ministry of Trade through the Indonesian Trade Promotion Center (ITPC) Sydney and the Trade Attaché in Canberra. This collaboration, in conjunction with Bank Indonesia Beijing, features four prominent Indonesian exhibitors…

Opening Representatives in 5 Countries, Indonesia's Creative Economy Expands to Europe

The National Creative Economy Movement (Gekrafs) has reaffirmed its commitment to expanding into several European countries and the UK to promote Indonesia's creative economy internationally. The Chairman of Gekrafs, Kawendra Lukistian, announced that this expansion is marked by the successful establishment of the Foreign Representative Councils (DPLN) in five countries:…
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