Business News
Becoming a Strategic Commodity, the Government Continues to Develop Downstream Palm Oil Industry.
Indonesia, as the world's largest palm oil producer, with a total production exceeding 56 million tons and exports reaching 26.33 million tons, has cemented palm oil as a strategic commodity supporting the national economy. In 2023, palm oil and its derivatives' export value reached USD28.45 billion, contributing to 11.6% of…
Minister of Cooperatives and Small and Medium Enterprises Supports the Development of Hemp Fiber for the Textile Industry.
Indonesian Minister of Cooperatives and SMEs, Teten Masduki, expressed his endorsement for the advancement of hemp fiber as an alternative raw material for the country's textile industry during a visit to CV Ramindo Berkah Persada Sejahtera (Rabersa) factory in Wonosobo, Central Java. Teten highlighted hemp's significant productivity potential, envisioning it…
With Its Significant Potential, Indonesia Is Ready To Become A Global Halal Industry Leader.
Indonesia, as the country with the largest Muslim population globally, has been steadily advancing towards becoming a global hub for halal industry. With the projected growth of the Muslim population until 2050, Indonesia's strength in trading halal products internationally is substantial. Recognizing the immense potential of the halal industry, Populix…
Ministry of Tourism and Creative Economy: The Film Industry Has a Significant Impact on the National Economy and Tourism.
Kementerian Pariwisata dan Ekonomi Kreatif/Badan Pariwisata dan Ekonomi Kreatif (Kemenparekraf/Baparekraf) is committed to advancing the national film industry, which has shown positive development in recent decades. According to reports from PWC and LPEM Faculty of Economics and Business, Universitas Indonesia, the total revenue of the screen industry (film, animation, and…
