Business News

Indonesia's Trade Balance Records USD 3.12 Billion Surplus in August

The Minister of Trade announced that Indonesia's trade balance in August 2023 registered a trade surplus of USD 3.12 billion. The surplus in August comprises a non-oil and gas surplus of USD 4.47 billion and an oil and gas deficit of USD 1.34 billion. Indonesia's trade balance also recorded a…

Sukabumi Elevates Ornamental Flowers As A Leading Product

The Sukabumi Regency Agriculture Office (Distan) has designated ornamental and cut flowers as a leading product for small and medium-sized enterprises (SMEs) to boost the local economy's growth in the agricultural sector. Ornamental and cut flowers from Sukabumi Regency are already widely recognized, both domestically and internationally. However, we aim…

West Papua Exports 5 Tons of Ransiki Cocoa to Europe

The province of West Papua has successfully exported 5 tons of Ransiki cocoa beans worth IDR 225 million to Europe through PT. Eibier Suth Cokran.  The government appreciates the spirit of collaboration between PT. Eibier Suth Cokran, the Agricultural Instrument Standardization Agency (BSIP), the Food Crop and Horticulture Office, and…

Bali's Tuna Thrives In The Global Market, With US As The Largest Market

Bali, a province renowned for its natural beauty and culture, has demonstrated significant potential in the field of fisheries. This was evidenced by the export realisation of tuna from Bali in the first semester of 2023, reaching IDR 502.2 billion. The export of Bali's tuna is predominantly directed towards the…
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