Business News
PEMA-LAMI Operational Cooperation Makes Inaugural Lobster Export to Malaysia
PEMA-LAMI KSO, a partnership between PT Pembangunan Aceh (PEMA) Perseroda and PT Laot Aceh Marina Indonesia, successfully ventured into the Malaysian export market on February 23, 2024, following a trial lobster shipment to Java Island. Transported via Air Asia from Sultan Iskandar Muda Airport, Aceh Besar to Kuala Lumpur International…
Minister of Tourism and Creative Economy Urges Australian Investors to Strengthen Investments in Indonesia's Tourism and Creative Economy Sector
Minister of Tourism and Creative Economy Sandiaga Salahuddin Uno visited Sydney, Australia, inviting Australian investors to capitalize on the increasingly conducive and promising tourism and creative economy sectors in Indonesia. During discussions facilitated by Bloomberg, Minister Sandiaga assured investors of Indonesia's stable economic and political landscape post-election. Highlighting tourism and…
Ministry of Trade Aims for Indonesia's Trade Surplus to Reach USD 53.4 Billion in 2024
The Ministry of Trade (MoT) in Indonesia has set a target for a trade surplus ranging from USD 31.6 billion to USD 53.4 billion for the current year. Deputy Minister Jerry Sambuaga stated that this target is based on the previous year's trade surplus realization, which fell just short of…
Indonesian Furniture Entrepreneurs Target Indian Market, Export Potential Reaches IDR 589 Trillion
The Indonesian Furniture and Handicraft Industry Association (HIMKI) is eyeing the export potential of the Indian furniture market, forecasted to reach USD 37.72 billion or approximately IDR 589 trillion by 2026. Additionally, the compounded annual growth rate (CAGR) of the Indian furniture market stood at 13.37% during the 2020-2026 period.…
