Business News

Indonesia Achieves USD 6.9 Billion in Halal Product Exports in the First Half of 2023

In the last five years (2018-2022), Indonesia's exports of halal products have steadily increased, showing a growth rate of 4%. In the first half of 2023 alone, exports reached USD 6.90 billion. In 2022, Indonesia's halal product exports amounted to USD 15.87 billion, a 9.83% increase compared to 2021. The…

West Nusa Tenggara (NTB) Boosts Organic Vanilla Cultivation for Export Market

The government of West Nusa Tenggara Province is intensifying efforts to cultivate organic vanilla due to the high demand for this commodity in the export market. The Head of the NTB Provincial Trade Office, stated that the current focus is on meeting the demand for organic vanilla. It is reported…

Indonesian Vegetable and Fish Products Record Transactions Worth IDR 423 Billion in Taiwan

Indonesia has successfully recorded potential transactions worth USD 28.26 million or approximately IDR 423 billion for agricultural and fisheries products in Taipei, Taiwan. The Head of the Indonesian Trade and Economic Office (KDEI) in Taipei, stated that Indonesia possesses natural resource advantages that enable the production of high-quality and competitive…

Manufacturing in Indonesia Shows 0.6 Point Increase in August 2023

Indonesia's manufacturing industry continues to display growing confidence in expanding its operations, driven by increasing market demand and favorable government policies. This optimism is reflected in the Purchasing Managers’ Index (PMI) for Indonesian Manufacturing, as reported by S&P Global. In August 2023, the PMI reached a level of 53.9, marking…
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