Business News
Sailing Southeast Asia, OceanX Reveals Indonesia's Seas Have Significant Economic Potential
Indonesia, as the world's largest archipelago, holds significant untapped potential, including economic opportunities that could become substantial national revenue. Vincent Pieribone, Co-CEO and Chief Science Officer of OceanX, highlighted this during the "Deep Ocean Potential of Indonesia" discussion organized by the US Embassy in Jakarta on July 9, 2024. OceanX,…
Trade Minister Launches Export of Yogyakarta SME Home Decor Products
Minister of Trade Zulkifli Hasan inaugurated the export of home decor products, including lamps and mirrors made from natural fibers, produced by the SME CV Palem Craft in Bantul, Yogyakarta, on Saturday, 6 July 2024. The shipment to Spain is valued at USD 7,000. From January to July 2024, CV…
West Java Explores Coffee and Cocoa Exports to the Philippines
The West Java Provincial Government is exploring the export of coffee and cocoa from Parahyangan to the Philippines to strengthen its export portfolio, which currently includes manufacturing and tea. Head of the West Java Industry and Trade Office, Noneng Komara Nengsih, stated that this initiative involves bringing potential buyers from…
Indonesia Targets USD 494 Million in Exports to Iran by 2030
Trade Minister Zulkifli Hasan, known as Zulhas, has set an ambitious target for Indonesia’s exports to Iran, aiming to reach USD 494 million (IDR 8.03 trillion at IDR 16,269 exchange rate) by 2030. This target hinges on the approval of the Preferential Trade Agreement (PTA) between Indonesia and Iran. At…
