Business News
Green Economy Promises a Bright Future for Bali's Coffee Farmers
Prof. Dr. Ir. Luh Suriati, MSi, from the Faculty of Agriculture at Warmadewa University (FP-Unwar), highlighted the potential of Bali's coffee sector during a workshop on post-harvest coffee handling in Wanagiri Village, Sukasada District, Buleleng, on Monday, August 5, 2024. According to Prof. Suriati, sustainable farming practices can help coffee…
Indonesia Expands Heavy Aromatic Exports to India
In the globalized era, countries interact through cooperation and competition. The Indonesian government is seizing opportunities for its products to compete internationally, notably in the petrochemical sector. Indonesia recently exported 31,000 barrels of Heavy Aromatic to Hazira Port, India. Oos Kosasih, CEO of Pertachem, announced on 6 August 2024 that…
AI Innovation Expected to Boost Indonesia’s Economic Growth
The Coordinating Ministry for Maritime and Investment Affairs is optimistic that innovation and development in artificial intelligence (AI) will significantly drive Indonesia’s economic growth. "We are confident about AI. By digitalizing our economy with AI, we can make it more efficient and straightforward," said Rachmat Kaimuddin, Deputy for Infrastructure and…
New Import Duty Exemption Rules Boost Agricultural, Livestock, and Fisheries Industries
To stimulate the development of Indonesia's agricultural, livestock, and fisheries industries, the government has issued new regulations on import duty exemptions for seeds and seedlings. This initiative is detailed in the Ministry of Finance Regulation (PMK) No. 41 of 2024, effective from 3 August 2024. Encep Dudi Ginanjar, Head of…
