Business News
Indonesia's Industrial Sector Drives 79.91% of Exports Through October 2024
Indonesia's export structure remains dominated by the industrial sector, contributing 79.91% of total exports as of October 2024, according to Minister of Trade Budi Santoso. Speaking during a meeting with Commission VI of the Indonesian Parliament in Jakarta on November 20, Santoso highlighted that industrial exports reached USD 18.43 billion,…
Indonesia's Plastic Imports Reach USD 233.15 Billion Amid Efforts for Industry Sustainability
According to Indonesia's Coordinating Ministry for Economic Affairs, the country's plastic imports totaled USD 233.15 billion in Q1 2024, significantly surpassing exports of USD 103.47 million. Domestic producers currently fulfill only 50-60% of the national demand for plastic raw materials. This shortfall underlines the importance of Plastics & Rubber Indonesia…
Indonesia's Palm Leaf Export Potential Gains Momentum
Indonesia holds significant potential for palm leaf exports, as highlighted by Setiyono, Chair of the Indonesian Association of Oil Palm Farmers (Aspekpir). Palm leaves are produced by nearly 500 oil palm farmer cooperatives and thousands of smallholder groups under Aspekpir. In 2023, Indonesia's palm and nipa leaf exports rose by…
Plastics & Rubber Indonesia 2024: Driving Sustainable Innovation in the Plastics Industry
The 35th edition of Plastics & Rubber Indonesia 2024, Indonesia’s largest international exhibition for plastics and rubber machinery and material processing, officially opened at JIExpo Kemayoran, Jakarta, on November 20, 2024. The event, themed “Circularity & Sustainability in the Plastics Industry,” highlights cutting-edge technologies in recycling and biodegradable plastics, including…
