Business News

Ministry of Agriculture Urges Poultry Industry to Expand Export Markets

The Ministry of Agriculture (Kementan) is encouraging businesses to expand the export of national poultry products to strengthen global competitiveness, boost the economy, and open new markets. "Indonesian poultry products are recognized and accepted in several countries, so we urge businesses to expand their export efforts," said Agung Suganda, Director…

The Global Electric Vehicle Industry Depends on Indonesia

Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia is optimistic that Indonesia will play a pivotal role in the global electric vehicle (EV) industry, owing to its abundant natural resources. “As the world discusses green energy and green industries, Indonesia has a comparative advantage that few other countries possess,”…

Investment Realisation Continues to Grow, Indonesia Consistently Implements Downstreaming

Minister of Investment and Head of the Investment Coordinating Board (BKPM) Rosan P. Roeslani emphasized that the investment realization in the third quarter of 2024 is significantly influenced by the government's consistent downstream policy. He highlighted that downstream activities are crucial for investment growth as they enhance value addition and…

Indonesia's Imports Projected to Rise Again at the End of 2024

Indonesia’s import performance is expected to rise towards the end of 2024 after a previous decline in September 2024. According to the Central Statistics Agency (BPS), Indonesia's imports reached USD 18.82 billion in September 2024, marking an 8.91% month-to-month (MtM) decrease from the previous month's figure of USD 20.67 billion.…
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