Business News
Government Will Implement Indonesian Sea Fishing Quota Rules
The Ministry of Maritime Affairs and Fisheries (KKP) plans to regulate fishing quotas in Indonesian seas. This policy will be enforced starting this year."In the future, we will limit catches with a quota system so that the fish population is well maintained. From the data, our fishery potential continues to…
Maintaining Food Availability, Ministry of Agriculture Strengthens Escort at National Production Centers
The Ministry of Agriculture (Kementan) continues to strive to maintain the stability of national food availability. Through the Inspectorate General, the Ministry of Agriculture continues to improve supervision in a number of national production centers. "Guarding the agricultural program is very strategic, considering that the agricultural sector has proven to…
Exclusive: Indonesia agritech firm raises $1.6m to boost farmers’ income
Semaai, an Indonesia-based agritech startup, has raised US$1.65 million in a bridge funding round led by Accion Venture Lab and XA Network. Existing investors such as Beenext and Sequoia Capital India’s Surge also participated in the fundraise. This brings Semaai’s total funding to US$2.9 million to date. In an interview…
Indonesia must achieve palm oil replanting target -senior official
Indonesia will boost efforts to ensure a scheme to replant palm oil to lift flagging yields meet a target of 180,000 hectares this year, an official said on Monday, as growers of the edible oil face increased scrutiny over sustainability. The world's biggest palm oil producer launched a subsidised palm…
