Business News
Boosting Exports Through Downstreaming Program Supported by Infrastructure Development
Indonesia's exports reached USD 236 billion as of November 2023, attributed to the downstreaming program of natural resources and agriculture, according to Coordinating Minister for Economic Affairs, Airlangga Hartarto. Notably, with infrastructure development acceleration, Indonesia's Completely Built-Up (CBU) car exports nearly hit 500 thousand units, with the Patimban Port playing…
Live Eels and Ruminants Poised to Boost East Java's Export Performance
Agricultural commodities originating from East Java have diversified their presence in international markets this year, driven by increased demand for ruminant supplements from Peru and live eels from China. This trend presents an opportunity for enhancing non-oil and gas export performance amidst a politically charged atmosphere and global economic challenges.…
Indonesia-Venezuela Ink MoU for Oil and Gas Cooperation and Investment
Caracas: On January 18, 2024, Arifin Tasrif, the Minister of Energy and Mineral Resources of the Republic of Indonesia, along with Venezuela's Minister of Petroleum, Pedro Rafael Tellechea, signed a Memorandum of Understanding (MoU) at the headquarters of Petróleos de Venezuela, S.A (PDVSA) in La Campina, Caracas. The signing ceremony…
Labuan Bajo Fish Export Reaches 4,086 Tons to Malaysia and Singapore
In the period of November-December 2023, Labuan Bajo, located in Manggarai Barat Regency, East Nusa Tenggara Province (NTT), exported a total of 4,086 tons of fish to Malaysia and Singapore. The Head of the Food Security and Fisheries Service (DKPP) of Manggarai Barat, Fatinci Reynilda, revealed that the inaugural export…
