Business News

Palm Oil and Coffee Products Record Transactions of IDR 479 Billion in China

The Indonesian Ministry of Trade reported that palm oil, coconut, cloves, coffee, and tropical fruits from Indonesia generated potential transactions worth IDR 479 billion during the 21st China-ASEAN Expo (CAEXPO) held from 24 to 28 September 2024 in China. “We are proud of the transaction results achieved; this is solid…

Exports of Indonesian Household Electronic Products Increase to Egypt

Indonesia's Ambassador to Egypt, Lutfi Rauf, announced a significant increase in the export of household electronic products to the Egyptian market, particularly highlighting a remarkable rise in refrigerator exports, which reached USD 5.45 million from January to June 2024. This figure represents an 87.87% increase compared to the same period…

The Minister Of Maritime Affairs And Fisheries Launched The First Export Of Canned Tuna From Banyuwangi

Minister of Maritime Affairs and Fisheries (KKP), Sakti Wahyu Trenggono, inaugurated the first export of canned tuna to Canada in Banyuwangi, East Java, on Monday. PT Pasifik Masami Indonesia Banyuwangi is responsible for this initial export, with a total contract value of USD 10 million or approximately IDR 151 billion…

The Export of Palm Oil is Projected to Rise by the End of the Year

The Ministry of Trade (Kemendag) has announced that the October-December period is an optimal time for the export of palm oil derivative products. This projection comes after coordination with producers and business operators. Director of Essential Goods and Important Commodities at Kemendag, Bambang Wisnubroto, made the statement on Sunday (September…
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