Business News
Bank Indonesia: Palm Oil and Coffee Are the Economic Pillars of Bengkulu in Q3 2024
Bank Indonesia has identified palm oil and coffee as key economic drivers for Bengkulu in the third quarter of 2024. Darjana, Head of Bank Indonesia's Bengkulu Office, noted that palm oil production is expected to rise following the end of the dry season, and high coffee prices are accelerating agricultural…
China Agrees to Increase the Entry of Indonesian Export Commodities
Indonesia's Foreign Minister, Retno Marsudi, and China's Foreign Minister, Wang Yi, held the 5th Joint Commission for Bilateral Cooperation (JCBC) meeting on Friday, August 23, 2024, in Beijing, China. The meeting emphasized enhancing trade cooperation, particularly in export-import activities. Retno stated that China agreed to support increasing Indonesia's exports to…
West Sumatra Provincial Government Plans to Increase Grouper Fish Exports
The Provincial Government of West Sumatra (Sumbar) plans to enhance grouper fish exports by providing training and seed development for local farmers. Governor Mahyeldi stated on Saturday, August 24, 2024, that West Sumatra has conducted two grouper fish export shipments to Hong Kong in 2024. On Thursday, August 22, 2024,…
Sports Competitions Boost the Absorption of Local Industrial Products
Indonesian Minister of Industry Agus Gumiwang Kartasasmita highlighted the growing trend of sports activities both domestically and globally as an opportunity for local industry players to accelerate the absorption of their products in the market. He emphasized that this trend presents a significant chance for local brands, particularly those producing…
