Business News
Indonesian Ministry of Industry Reveals Five Strategies to Boost Furniture Industry Performance
Indonesia, with abundant raw materials such as diverse types of wood including meranti, teak, mahogany, and acacia, possesses significant opportunities for the development of the furniture and woodworking industry. The Director-General of Agro Industry at the Ministry of Industry, Putu Juli Ardika, highlighted the need to continuously drive downstream processes…
Increased Capture Fisheries Production in Central Bangka Reaches 30.69 Thousand Tons
The capture fisheries production in Central Bangka Regency, Bangka Belitung Islands Province, reached 30,692.541 tons in 2023, indicating a significant increase of 3,007.636 tons compared to the 2022 production of 27,684.905 tons. Yardiansyah, the Secretary of the Department of Fisheries in Central Bangka, attributed this substantial production growth to the…
Indonesia-Netherlands Explore Collaboration in Agricultural and Manufacturing Start-up Development
The Indonesian government, through the Ministry of Cooperatives and Small and Medium Enterprises (KemenKopUKM), is in talks for collaboration with the Netherlands-based incubator institution, World Startup. The focus of this potential collaboration is to enhance the development of the start-up ecosystem, particularly in agriculture, aquaculture, and manufacturing. Minister of Cooperatives…
Surging Demand Amidst Low Consumption: Wide-Open Prospects for the Meat Processing Industry
In response to the growing demand for processed food products and the relatively low national meat consumption, there is an opportunity for the meat processing industry in Indonesia to expand its market for processed meat products domestically. This trend aligns with the government's initiative to boost national animal protein consumption…
