Business News
Zulkifli Hasan Highlights Indonesian Export Success at Trade Expo, Reaching IDR 476 Trillion
Indonesia’s Minister of Trade, Zulkifli Hasan, announced a significant increase in the country's export achievements during the Trade Expo Indonesia (TEI). He reported that since its launch 10 years ago, exports facilitated through TEI have reached USD 30.5 billion, equivalent to IDR 476 trillion in 2023. Speaking at the 39th…
Indonesia Signs 7 Trade Contracts with Malaysia Valued at IDR 38 Billion
The business contract value between Indonesian and Malaysian companies, particularly from Penang, has seen significant growth. According to Wanton Saragih, the Consul General of Indonesia in Penang, trade cooperation between seven Indonesian companies and three Penang-based Malaysian firms has reached a total value of USD 2.42 million, equivalent to approximately…
Port of Sorong Potentially Becomes Entry Point for Seven Import Commodities
The Indonesian Ministry of Transportation (Kemenhub) has revealed that Sorong Port has the potential to become a new entry point for seven imported commodity goods. This follows the government's plan, through the Ministry of Trade (Kemendag) and the Ministry of Industry (Kemenperin), to shift the entry points for these imported…
Minister of Maritime Affairs and Fisheries Claims Many Companies Have Applied to Export Seabed Sand
Minister of Maritime Affairs and Fisheries Sakti Wahyu Trenggono revealed that numerous companies have applied for concessions to manage sea sand, following the reopening of sea sand export permits after a 20-year ban. While there is high interest in obtaining permits for utilizing sedimentation sand, the Ministry has not yet…
