Business News
Indonesia Records Economic Growth of 5.02% in the Fourth Quarter of 2021
The Statistics Indonesia (BPS) recorded economic growth of 5.02 percent in the fourth quarter of 2021. Annually, Indonesia's GDP grew 3.69 percent over the past year. This number increased when compared to the third quarter of 2021 which grew 3.51 percent. Meanwhile, in the fourth quarter of 2020, Indonesia's economic…
KKP Implements Quota-Based Quantifiable Fishing to Boost Economic Potential
The Ministry of Maritime Affairs and Fisheries (KKP) applies a quota-based measurable catch to boost the economic potential of marine products. The Minister of Maritime Affairs and Fisheries Sakti Wahyu Trenggono said that this step was in the context of implementing the blue economy program which is the direction of…
Maluku Sea Product Potential Reaches IDR 117 Trillion
The Minister of Maritime Affairs and Fisheries (KP) Sakti Wahyu Trenggono said that the potential for marine products from Maluku, which is in zone 3, reached 3.9 million tons with a value of IDR 117 trillion. "The potential (Maluku Province) is very large, so if it is calculated from the…
This is How to Boost Indonesia to Become the World's Largest Shrimp Export Producer
The export market for marine products in the form of shrimp continues to skyrocket even though the global COVID-19 pandemic has not ended. Having a geographical contour that is predominantly maritime, Indonesia certainly has great potential to contribute as a large-scale shrimp producer. Especially now, shrimp exports in the United…
