Business News
Client of Bank Jatim Moorlife Succeeds in Exporting to Europe
A client nurtured by Bank Jatim, Moorlife, has achieved a significant milestone by exporting four containers of household plastic products to Romania and the Philippines (as part of broader Asian shipments), with a total value of around USD 411,730 (approximately IDR 6.7 billion). Moorlife is a partner under Bank Jatim’s…
USDEC and Indonesian Food-Beverage Group Sign MoU to Strengthen Cooperation
The US Dairy Export Council (USDEC) and Indonesia’s Food and Beverage Industry Association (GAPMMI) have signed a memorandum of understanding (MoU) aimed at deepening bilateral cooperation in dairy trade. The agreement outlines collaboration in areas such as participation in international standard-setting, sharing expertise to promote sustainable dairy production, and joint…
Indonesia’s Vanilla Exports from Bali Reach IDR 56 Billion in Q3
In the third quarter of 2025, Bali’s vanilla exports surged to approximately IDR 56.5 billion, reflecting a notable increase driven by stronger global demand. According to the Bali Quarantine Agency, export value more than doubled compared to earlier quarters — Q3 alone contributed around IDR 28.7 billion, versus about IDR…
Indonesia Advances Towards Mandating B50 Biodiesel
Indonesia has completed laboratory testing for a biodiesel blend containing 50% palm oil–based biofuel (B50), marking a key milestone as the country seeks to elevate its current B40 standard. The lab tests, concluded in August, involved running diesel engines on B50 fuel; officials now plan to progress to road trials…
