Business News
The Investment Realization in this Industrial Sector Amounts to IDR 3.031 Trillion
Indonesia remains a favored destination for global investors expanding into the industrial sector, evidenced by increased investment realization driven by pro-business government policies facilitating permit procedures and offering incentives. Over the 2014-2023 period, investments in the non-oil and gas processing industry fluctuated but trended upwards, indicating sustained investor interest in…
Strengthening Exports, Ministry of Trade Encourages Business Players to Explore Non-Traditional Markets
The Ministry of Trade (MoT) through the Directorate General of National Export Development (DGNED) is encouraging businesses to boost exports in 2024. This was conveyed by the Director General of DGNED at MoT, Didi Sumedi, during a Focus Group Discussion (FGD) themed "Exploring Market Diversification in Asia, Africa, and the…
Promising National Economic Growth: Australia Strengthens Trade and Investment Commitments
Indonesian Vice Minister of Foreign Affairs, Pahala Nugraha, is actively promoting mutually beneficial trade and investment cooperation with Australia. Discussions with Australia's Deputy Minister of Trade and Deputy Minister of Manufacturing, Tim Ayres, emphasized the potential for collaboration during their recent meeting in Jakarta. Efforts are focused on achieving a…
Deputy Minister of Trade Jerry: Coconut Oil Emerges as North Sulawesi's Leading Export Commodity
During an event in South Minahasa Regency, North Sulawesi, Deputy Minister of Trade Jerry Sambuaga emphasized the export potential of coconut oil, fish, processed foods, and spices from the region. Coconut oil particularly stands out, commanding 55.97% of North Sulawesi's export market share. The central and local governments are committed…
