Business News
Ministry of Industry Reports Manufacturing Sector Employs 18.82 Million Workers
The Indonesian Ministry of Industry (Kemenperin) reports that the national manufacturing industry continues to grow, employing 18.82 million people as of June 2024. From January to June 2024, the manufacturing sector accounted for three-quarters of total exports, generating over USD 9 billion in export revenue. The sector also made the…
To Boost MSME Retail Growth, Minister Airlangga Encourages Supporting Local Shopping
Amid global economic uncertainties, Indonesia aims to maximize its domestic economic potential, leveraging its population of approximately 281 million in 2024 as a strong retail market. Consumption growth in Indonesia has outpaced economic growth, reaching 12% since 2002. The Minister of Economic Affairs, Airlangga Hartarto, highlighted during the Indonesia Retail…
Indonesian Seaweed and Flying Fish Roe Products Achieve Strong Sales in Japan
Indonesia's seafood products garnered significant transaction potential at The 26th Japan International Seafood and Technology Expo (JISTE) held at Tokyo Big Sight, Japan, from 21-23 August 2024. The potential transactions reached USD 35.8 million, equivalent to IDR 557 billion, with more than 50% of these transactions coming from seaweed and…
Gorontalo's Leading Export Revenue Contributor is Wood Pellet Producer
PT Biomasa Jaya Abadi (PT BJA), a leading integrated wood pellet producer in Gorontalo Province, has been recognized as the largest contributor to export revenue in the region by the Northern Sulawesi Customs Office. PT BJA's contributions account for more than 55% of Gorontalo's total export revenue. The award was…
