Business News

Governor of East Java Releases Initial Export of 12 Tons of Excelsa Coffee

East Java Governor Khofifah Indar Parawansa released the initial export of 12 tons of Excelsa coffee typical of Wonosalam, Jombang Regency, to Malaysia. The governor appreciated the first export, moreover the first export of Excelsa Wonosalam coffee was initiated by the younger generation in Jombang, namely the collaboration between youth…

Non-Oil and Gas Processing Industry Grows 5.47 Percent Exceeding the National Economy

The Minister of Industry (Menperin) Agus Gumiwang Kartasasmita revealed, the non-oil and gas processing industry was able to record growth of 5.47% or higher than the national economic growth which reached 5.01% in the first quarter of 2022. The performance of the manufacturing sector also increased significantly compared to the…

Indonesia Investment Increases at the Beginning of the Year

Investment growth outside Java is currently quite stable and continues to increase significantly. In the first quarter of 2022, the realization of investment in Java was IDR 133.7 trillion and the realization of investment outside Java was IDR 148.7 trillion. When compared to the same period in 2021, there was…

Strong Increase in EU Agri-food Trade Reported in Beginning of 2022

January saw a continuation of the trend of lower exports and higher imports of agri-food products, which began in autumn 2021, according to a report from the European Commission. This has resulted in a significant decrease in the trade balance, which is down 50% compared to September 2021. These findings…
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