Business News

North Maluku Exports Frozen Fish to East Java, Reaches IDR 58 Billion in 2023

The Head of the Department of Marine and Fisheries (DKP), Abdullah Assagaf, announced that this year North Maluku has successfully exported frozen fish to East Java, generating a substantial revenue of IDR 58 billion. Abdullah stated in Ternate on Sunday (17/12/2023) that North Maluku, in its second-year trade mission with…

Ministry of Industry Strengthens Interconnection of Wood Processing and Furniture Industry Information Systems

The Ministry of Industry recognizes the wood, rattan, and bamboo processing industry as a downstream sector with high value-added products, actively contributing positively to the national economy through export performance and meeting domestic market demands. In 2022, the wood, rattan, and bamboo processing industry contributed 4% with export performance reaching…

Indramayu Allocates 14,000 Hectares for an Industrial Zone

The Government of Indramayu Regency has allocated 14,000 hectares of land for industrial zones to encourage investment opportunities in the area as part of the Metropolitan Rebana region. This decision, based on Regional Regulation No. 1 of 2012 on the Spatial Planning Plan for Indramayu Regency 2011-2031, is currently undergoing…

Minister Trenggono Invites Foreign Investors to Establish Fish Feed Industry in Indonesia

The Minister of Maritime Affairs and Fisheries, Sakti Wahyu Trenggono, has opened the door for foreign investors to enter the national fisheries business. The focus is on building local fish feed substitution industries, considering that currently, 89% of fish feed is imported. Expressing concern about Indonesia's heavy reliance on imported…
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