Business News

The Deputy Minister of Agriculture Encourages the Public to Cultivate Swallow Nests for Export

The Deputy Minister of Agriculture, Sudaryono, is urging the Indonesian public to consider cultivating swallow nests (SBW) as a lucrative economic opportunity for families and a way to strengthen national exports. He emphasized that Indonesia supplies 60% of the world’s swallow nest supply, making it a highly promising industry. The…

2024 Investment in Rejang Lebong Reached IDR 1.116 Trillion

Zulkarnain, the Head of the Investment and Integrated Licensing Services Office (DPMPTSP), shared that investment in Rejang Lebong during 2024 reached IDR 1.116 trillion, surpassing the initial target of IDR 900 billion. This investment came from various sectors, including hospitality, small and medium enterprises (SMEs), and non-SMEs. Looking ahead to…

Indonesia to Import 100,000 Dairy Cows from the United States

The Indonesian Milk Cooperatives Association (GKSI) plans to import 100,000 dairy cows from the United States to boost milk production and support the government’s Free Nutritional Meals (MBG) program. The initiative addresses the suboptimal genetic composition of local dairy cows, which are a crossbreed between native Indonesian cattle and Frisian…

US Remains Top Export Destination for Yogyakarta Special Region

The export value of Yogyakarta Special Region (DIY) in November 2024 reached USD 51.95 million, marking a 6.43% increase compared to October 2024 and a significant 32.83% rise from November 2023, which recorded USD 39.11 million. According to Herum Fajarwati, Head of DIY Statistics Agency (BPS), the United States remains…
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