Business News

New Regulations on Lobster Farming Attract Foreign Investment, Says Minister Trenggono

Minister of Marine Affairs and Fisheries, Sakti Wahyu Trenggono, announced that new regulations on lobster management have successfully attracted foreign investors to engage in aquaculture in Indonesia. Following the investment by five Vietnamese companies in Bali, Chinese investors are now showing interest in lobster farming in the waters of the…

Indonesian Furniture Products Record Transactions Worth IDR 99.46 Billion in Dubai

The Ministry of Trade announced that Indonesian furniture products successfully recorded transactions amounting to USD 6.11 million, equivalent to IDR 99.46 billion, at the international INDEX exhibition in Dubai, United Arab Emirates (UAE). Dewi Rokhayati, Director of Export Development for Manufactured Products, stated that Indonesian furniture continues to be a…

Coordinating Minister Airlangga Visits Russia to Meet with Ministers, Parliament Leaders, and Top Executives, Promotes Economic Cooperation, and Boosts Indonesian Investment and Exports

Amid efforts to bolster economic collaboration with various nations and stimulate exports to maintain a national trade surplus, Coordinating Minister for Economic Affairs Airlangga Hartarto embarked on a diplomatic mission, engaging in bilateral discussions and meetings in Moscow, Russia, from June 10-12, 2024. During his visit, Airlangga convened with multiple…

The Ministry of Trade Maintains Stock and Prices of Basic Commodities

Ahead of the Idul Adha celebrations, the prices of several staple commodities such as rice, soybeans, chili, and meat have experienced increases. According to the National Food Agency's (Bapanas) Price Panel monitoring on Monday (June 10) at 12:12 PM WIB, the price of rice increased by 0.32% to IDR 15,480…
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