Business News
Minister of Industry: There Are Still Many Opportunities for the Batik Industry to Expand Export Markets
The Minister of Industry, Agus Gumiwang Kartasasmita, highlighted the untapped potential of the domestic batik industry to expand its export market and boost its contribution to the national economy. In the second quarter of 2024, batik sector exports totaled only USD 8.33 million. "The batik industry has contributed USD 8.33…
BI Highlights Strong Potential for Sumbar's CPO Exports to India by 2025
Bank Indonesia (BI) West Sumatra (Sumbar) Representative has revealed a significant potential for crude palm oil (CPO) exports from Ranah Minang to India starting in early 2025. "There's a big opportunity for CPO, especially as India will celebrate Diwali in February 2025," said the Head of BI West Sumatra, Mohamad…
Indonesia’s Refrigerator Exports to Egypt Reach USD 5.45 Million in Early 2024
Indonesian Ambassador to Egypt, Lutfi Rauf, announced a significant rise in Indonesia’s household electronics exports to Egypt, with refrigerator exports (HS code 8418) hitting USD 5.45 million from January to June 2024. This marks an 87.87% increase compared to the same period in 2023, when the value was USD 2.9…
Trade Minister Highlights Coffee as Key Priority in Prabowo’s Future Administration
Indonesian Trade Minister Zulkifli Hasan announced that coffee will be a top priority in Prabowo Subianto’s upcoming administration. Indonesia, with its vast archipelago of coffee plantations, is globally renowned for the quality of its coffee beans. To boost the productivity of Indonesian coffee, the government plans to prioritize coffee in…
