Business News
Accelerating Shrimp Exports to Europe and China with Strategic Strategies
The implementation of good aquaculture practices for shrimp commodities is a manifestation of the Blue Economy spirit. China has become a potential trading partner for Indonesia. In 2024, the Indonesian Ministry of Maritime Affairs and Fisheries (KKP) aims to achieve a production target of 2 million tons. Through the application…
Indonesian Economy Grows by 4.94% in Q3-2023
The Central Statistics Agency (BPS) has announced that Indonesia's economic growth in the third quarter of 2023 reached 4.94% year on year (YoY), as stated by the Acting Head of BPS, Amalia Adininggar Widyasanti, during a press conference on Monday, November 6, 2023. Market consensus gathered by CNBC Indonesia from…
Targeting USD 2 Billion in Exports, 4,000 Culinary Businesses Aims to Spread Worldwide
The Indonesian government is setting its sights on culinary exports reaching USD 2 billion by distributing 4,000 Indonesian culinary businesses globally by 2024. Helson Siagian, an Expert Staff member at the Office of the President, stated that the Ministry of Tourism and Creative Economy (Kemenparekraf) has prepared a funding, training,…
Indonesia Successfully Secures Access to Export 660,000 Tons of Cassava to the UK
Indonesia and the UK have successfully finalized modifications to the UK's Tariff Rate Quota (TRQ) country-specific concession for Indonesian cassava products, especially after the UK's exit from the European Union (post-Brexit). As reported on kemendag.go.id, this agreement was confirmed during the Senior Official Meeting (SOM) of the World Trade Organization…
