Business News

The Bank Indonesia (BI) Representative Office in West Nusa Tenggara Province (NTB) is Pushing for The Export of North Lombok's Flagship Agricultural Commodities

The Bank Indonesia (BI) Representative Office in West Nusa Tenggara Province (NTB) is actively working to boost the export of North Lombok Regency's flagship agricultural commodities, aiming to enhance regional economic growth. BI NTB Representative Head, Berry Arifsyah Harahap, highlighted efforts to connect farmers in North Lombok with international buyers…

Livestock Office: A Total of 66,163 Cattle were Sent Out of East Nusa Tenggara (NTT) During 2023

The Livestock Office of East Nusa Tenggara Province reported that in 2023, the province, known for its islands, sent out 66,163 cattle, falling short of the 74,941 target. The decrease is attributed to challenges posed by the Foot and Mouth Disease (FMD). In comparison to 2022, when 74,880 cattle were…

Investor Interest in Indonesia's Capital City (IKN) Reaches 345 Letters of Intent, 60% Domestic

The Jakarta-based National Capital Integrated Coastal Development (IKN) project is witnessing a surge in investor interest, with 345 Letters of Intent (LoI) submitted to participate in its development. As of December 15, 2023, the project had received a total of 328 LoIs, with the majority originating from domestic investors. Deputy…

Indonesia's Spice Exports Reach 148 Thousand Tons, Attracting China and the US

Indonesia's rich array of spices continues to captivate the global market, with more than 400 types spread worldwide. The Spice Nation Foundation notes over 275 varieties originating from Indonesia have been pivotal since the 15th century. According to the Central Statistics Agency (BPS), Indonesia exported 148,220 tons of spices from…
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