Business News
Palm Oil and Bird's Nest Boost Agricultural Export Growth
The Central Statistics Agency (BPS) reported a 5.32% increase in agricultural exports in January 2024 compared to the previous month, and a 0.11% increase compared to the previous year. This growth occurred amid declines in other non-oil and gas sectors, making agriculture the only sector showing both monthly and yearly…
Strengthening Exports, Indonesia Prepared to Showcase These 30 Leading Commodities
The National Export Enhancement Task Force has designated 12 priority countries for Indonesian exports to maintain Indonesia's trade balance amidst global economic turbulence. Secretary of the Coordinating Ministry for Economic Affairs, Susiwijono Moegiarso, revealed the 12 priority export destinations as Saudi Arabia, the Netherlands, Brazil, Chile, China, the Philippines, India,…
The Investment Realization in this Industrial Sector Amounts to IDR 3.031 Trillion
Indonesia remains a favored destination for global investors expanding into the industrial sector, evidenced by increased investment realization driven by pro-business government policies facilitating permit procedures and offering incentives. Over the 2014-2023 period, investments in the non-oil and gas processing industry fluctuated but trended upwards, indicating sustained investor interest in…
Strengthening Exports, Ministry of Trade Encourages Business Players to Explore Non-Traditional Markets
The Ministry of Trade (MoT) through the Directorate General of National Export Development (DGNED) is encouraging businesses to boost exports in 2024. This was conveyed by the Director General of DGNED at MoT, Didi Sumedi, during a Focus Group Discussion (FGD) themed "Exploring Market Diversification in Asia, Africa, and the…
