Business News

The Promising Economic Potential of Salak Cultivation in Indonesia

Salak fruit, also known as snake fruit, holds significant economic potential in Indonesia. Cultivating salak in Indonesia is highly promising due to the country's tropical climate, which is favorable for the growth of salak trees. Additionally, Indonesia boasts a diverse range of salak varieties, such as salak pondoh, salak Bali,…

Export of Indonesian-made Cars Surges by 25% in the First Half of 2023

The export activities of Indonesian-made cars in the first six months of this year increased by 25.1% compared to the previous year. According to data from the Indonesian Automobile Industry Association (Gaikindo), the total volume of completely built-up (CBU) exports reached 248,004 units, up from 198,311 units in 2022. This…

Indonesia's Exports Surpass USD 20.61 Billion, Revealing the Most Lucrative Commodities

The trade balance of Indonesia in June 2023 recorded a surplus of USD 3.45 billion, attributed to higher export realization compared to imports. The Secretary-General of the Central Statistics Agency (BPS), Atqo Mardiyanto, explained that both the oil and non-oil sectors experienced a decline in exports, influenced by the decrease…

Governor: Agriculture, Fisheries, and Forestry Sectors Drive West Sumatra's Economy

The economy of West Sumatra, Indonesia, is supported by three sectors: agriculture, fisheries, and forestry, which need to be optimized, according to Governor Mahyeldi Ansharullah. These sectors contribute 21.2% to the economic growth of the province. During the COVID-19 pandemic, the people of West Sumatra did not experience food shortages…
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