Business News
Exports Keep Going, Palm Helps the Indonesian Economy from Pandemic Pressure
The palm oil industry is still one of the driving forces of the national economy. Even during the Covid-19 pandemic, the palm oil industry, both upstream and downstream, was able to show solid performance. Senior Economist at the Institute for Development of Economics and Finance (INDEF) Fadhil Hasan said the…
Food cold chain businesses' potential quite high in Indonesia: Expert
Prof Ilyas Masudin from Muhammadiyah Malang University's (UMM’s) Logistics and Supply Chain field highlighted Indonesia's quite high potential of food cold chain businesses operating in the fishery, farming, or pharmaceutical sectors. However, in a statement from UMM's Public Relations received in Malang, East Java, on Friday, Masudin noted that amid…
Ministry pushes higher fishery exports to Middle East
Seeking to boost fishery exports to the Middle East, the Ministry of Maritime Affairs and Fisheries has asked businesses to study provisions related to the fish health insurance system and exports in the region. "The Middle East is a market opportunity that we need to optimize," said the ministry's head…
Indonesia is Predicted to Earn IDR 3.71 Trillion from the National Fish Barn
Non-tax state revenue (PNBP) from fishery activities in the National Fish Barn (LIN) program in Maluku is predicted to reach Rp 3.71 trillion. In addition to filling state revenues, this program can also absorb more than 5,500 workers for the fishing industry. This was conveyed by the Minister of Maritime…
