Business News
Sidoarjo Cosmetic Export to Malaysia Valued at IDR 25 Billion
Sidoarjo celebrates its inaugural cosmetic export to Malaysia, marking a significant milestone with a total value of IDR 25 billion. The export, facilitated by the Ministry of Trade and Sidoarjo Regency, signifies the region's foray into the international cosmetic market. Director-General of National Export Development at the Ministry of Trade,…
Indonesia's Economic Diplomacy Achievements: 27 Trade Agreements and Strategic Investment Projects
In her annual press statement, Indonesian Foreign Minister Retno Marsudi outlines the achievements based on priorities set during President Joko Widodo's 10-year tenure. Notably, economic diplomacy stands out as a focus, demonstrating concrete outcomes amidst challenging circumstances. For trade, Indonesia's global trade volume surpassed USD 355 billion in 2014, reaching…
Boosting Investment Promotion in 2024, Focus on Tourism Sector in West Sumatra
The Investment and Integrated One-Stop Service Office of West Sumatra Province (DPMPTSP) states that investment promotion will be intensified in 2024, with a particular emphasis on the tourism sector. Alrifjon, the Functional Manager for Investment Management at DPMPTSP West Sumatra, highlights the significant potential for developing the tourism sector in…
The Government Boosts Fisheries Production through Blue Economy Model
Indonesia, known for its expansive maritime resources spanning 65% of its territory, has recognized the pivotal role of the sea in its economic landscape, notably in the fisheries sector. To maximize growth and sustainability, the nation aims to fortify its marine product competitiveness through a 'blue economy' framework. The 'blue…
