Business News
Australia Explores Trade and Investment Potential with Indonesia
Tim Ayres, Assistant Minister for Trade and Manufacturing of Australia, is scheduled to visit Indonesia this week, aiming to strengthen trade and investment relations between the two countries. Ayres emphasized Indonesia's significance with a population exceeding 270 million and its projected position as one of the world's largest economies by…
Government Targets 12 Non-Traditional Export Destinations to Prevent Export Decline
In response to the anticipated decline in exports, the Indonesian government is proactively taking measures to mitigate potential challenges. Secretary of the Coordinating Ministry for Economic Affairs, Susiwijono, revealed that the government is mapping out non-traditional export destinations in collaboration with the business sector, identifying at least 12 potentially promising…
Government Accelerates Task Force to Boost National Exports
In response to potential declines in global demand, the Indonesian government has established a Task Force (Satgas) aimed at promoting the growth of national exports. The initiative, formed on September 20, 2023, through Presidential Decree Number 24 of 2023, seeks to mitigate potential setbacks in labor-intensive, export-oriented industries and preempt…
Jawa Tengah Exports 20 Tons of Frozen Shrimp to Australia, Marking a Continuous Growth in Seafood Exports
Jawa Tengah province has achieved a significant milestone by exporting 20 tons of frozen shrimp to Australia, marking the first-ever frozen shrimp export to the country. The export initiative was undertaken by PT Sumber Samudera Indonesia, and the ceremonial release of the shipment was carried out by the Acting Governor…
