Business News
Indonesia Advocates Blue Economy Initiatives at 36th COFI Session
The Indonesian government, represented by the Ministry of Marine Affairs and Fisheries (KKP), presented its priority blue economy programs at the 36th session of the Committee on Fisheries (COFI) held in Rome from 8-12 July 2024. Led by Acting Expert Staff to the Minister for Community and Institutional Relations Trian…
Indonesian Handicraft & Home Decor Exports Grow Amid Global Economic Challenges
The handicraft and home decor industries in Indonesia, specializing in wood and natural stone, continue to demonstrate robust potential amidst global economic and geopolitical challenges. In the first quarter of 2024, impressive export growth was recorded, as per data from the Central Statistics Agency (BPS) analyzed by the Indonesian Export…
Strategies to Boost Non-Mining Commodity Exports in NTB
The contribution of non-mining commodity exports to the trade balance in West Nusa Tenggara (NTB) stands at only about two percent, with mining commodities still dominating as the main backbone. Economist Muhammad Firmansyah from Mataram University highlighted efforts to increase non-mining exports, noting that current capacity significantly lags behind mining.…
Bali's Export Revenue Rises to $4.1 Million USD in June 2024
In June 2024, the Bali, NTB, and NTT Regional Office of the Directorate General of Customs and Excise recorded Bali's export revenue reaching USD 4.1 million, marking an increase from USD 3.4 million in the same period of 2023. Susila Brata, Head of the Regional Office, attributed this growth to…
