Business News
Indonesia Temporarily Halts Lamb Meat Imports to Protect Local Farmers
The Ministry of Agriculture (Kementan) has suspended lamb meat and carcass imports to safeguard local farmers from unfair pricing competition. This strategic move aims to sustain small-scale farming operations amid the surge of cheap imported meat. Minister of Agriculture Andi Amran Sulaiman emphasized the policy’s purpose to stabilize local farmers'…
Indonesia Targets Digital Economy Value of USD 120 Billion by 2025
Indonesia's Coordinating Minister for Economic Affairs, Airlangga Hartarto, announced that the nation's digital economy is projected to reach a value of USD 120 billion in 2025, up from the current USD 90 billion. By 2030, this figure is anticipated to surge to USD 400 billion. Speaking at the 2024 Kadin…
Indonesia Exports Corn, Tapioca, and Konjac Flour to China
PT Berkat Cawan Milenial (BCM) has secured a major export agreement with Guang Tong Shi Pin in China, marking a significant milestone for Indonesia’s agricultural sector. The first shipment, scheduled for January 2025, includes corn, tapioca, and konjac flour—commodities chosen for their high global demand. This initiative supports Indonesia’s broader…
Indonesia's Golden Visa Policy Gains Global Attention at 18th Global Citizenship Conference
Indonesia's Golden Visa policy is emerging as a strategic instrument to attract foreign investment and global talent, boosting sustainable economic growth. Deputy Minister of Immigration and Correctional Services (Wamen Imipas), Silmy Karim, highlighted this during the 18th Global Citizenship Conference in Singapore from 27-29 November 2024. With Indonesia projected to…
