Business News
Fakfak Aims for Significant Nutmeg Export Target by End of 2024
Widhi Asmoro Jati, ST, MT, Acting Head of Fakfak Plantation Office, has announced that Fakfak aims to achieve its nutmeg export target by the end of 2024. This plan is expected to positively impact the local economy and improve the welfare of nutmeg farmers. According to Widhi, reaching this target…
Korean Inspection Validates Indonesian Seafood Quality
On August 26, 2024, South Korea's National Fishery Product Quality Management Service (NFQC) conducted an inspection at PT Gabungan Samudera Indonesa (GSI), an Indonesian seafood exporter. The inspection confirmed that Indonesian seafood meets international standards. PT GSI’s Director, Then Herry, stated that the NFQC's assessment affirmed PT GSI's capability to…
Ministry of Industry: Indonesia's Spice Export Contribution Reaches USD 469 Million
Ignatius Warsito, Advisor to the Minister of Industry for Domestic Industry Strengthening, reported that Indonesia's whole spice exports reached USD 469 million in 2023, ranking fifth globally. This export performance is supported by various commodities, including pepper, turmeric, ginger, and coconut products. However, Indonesia ranks 18th in processed spice exports,…
Meeting Canadian Business Leaders: Coordinating Minister Airlangga Commits to Strengthening Indonesia-Canada Economic Collaboration
The Indonesian food and beverage industry plays a crucial role in the national economy, growing at a rate of 5.53% in the second quarter of 2024, surpassing the overall economic growth of 5.05% and contributing 40.33% to the non-oil and gas industry sector's GDP. This significant contribution, as highlighted by…
