Business News
Indonesia Poised to Become Export Hub Amid Manufacturing Growth
The future Prabowo-Gibran administration will face the challenge of a decelerating manufacturing sector in Indonesia over the past 20 years. The manufacturing sector not only provides significant formal employment but also serves as a pathway for Indonesia to achieve high-income status. In response, PAN Secretary General Eddy Soeparno emphasized the…
Yogyakarta's Wood Product Exports Open New Economic Opportunities
PT Homliv Anugerah Tritunggal Indonesia and PT Ruby Artisan International have exported 4,289 cartons of wooden kitchen and dining utensils to Japan. The export, valued at USD 143,871 (approximately IDR 2.3 billion), was facilitated by PT. MSA Kargo Yogyakarta on Monday, 27 June 2024. The Yogyakarta Customs Office played an…
Indonesia’s Ornamental Fish Exports Reach IDR 634 Billion in 2023, China Leading Market
The Ministry of Marine Affairs and Fisheries (KKP) reported that Indonesia's ornamental fish exports reached USD 39.06 million throughout 2023, equivalent to IDR 634.9 billion (assuming an exchange rate of IDR 16,255 per USD). Director General of Strengthening the Competitiveness of Marine and Fisheries Products, Budi Sulistyo, stated that this…
Wamenparekraf: Komodo Travel Mart Boosts Tourism Development in East Nusa Tenggara
Deputy Minister of Tourism and Creative Economy/Deputy Head of the Tourism and Creative Economy Agency (Wamenparekraf/Wakabaparekraf) Angela Tanoesoedibjo has expressed appreciation for the reoccurrence of the Komodo Travel Mart, which is believed to drive tourism development in East Nusa Tenggara (NTT) and specifically in Labuan Bajo. Angela noted that the…
