Business News
Indonesia Actively Participates in International Trade Forum to Boost Coffee Exports
The Indonesian Deputy Minister of Trade, Jerry Sambuaga, emphasized the country's active participation in international trade forums to boost coffee exports, aiming to expand markets and enhance the competitiveness of domestic products globally. He highlighted the Ministry of Trade's commitment to fully support Indonesian exporters, particularly in the coffee sector,…
Indonesia Exports Wood Pellets to Japan
Production of wood pellets from Gorontalo, through PT Biomassa Jaya Abadi (BJA), has successfully penetrated the Japanese market with shipments using the MV Lakas vessel from Gorontalo Port to Fushiki, Japan. This vessel was previously detained by Bakamla RI on August 15, 2024, due to the absence of three important…
Indonesia's Trade Balance Estimated to Surplus US$2.5 Billion in September 2024
Indonesia's trade balance for September 2024 is expected to show a significant surplus, predicted to be between USD 2.5 billion and USD 2.6 billion, according to Bhima Yudhistira, Executive Director of the Center of Economic and Law Studies (Celios). This surplus is largely driven by a notable decrease in non-oil…
Ministry of Trade: Digitalization Strengthens the Development of the Modest Fashion Industry
Director General of Domestic Trade at the Ministry of Trade, Moga Simatupang, highlighted the significant impact of the fashion industry, contributing over 18% to Indonesia's creative economy GDP, totaling IDR 220 trillion in 2022. He shared this during the 8th Jakarta Muslim Fashion Week (JMFW) 2025, emphasizing that the industry…
