Business News
Industry Ministry Optimizes Furniture Machinery Restructurization
The Industry Ministry would optimize machinery restructurization in small and medium-scale furniture industry to improve productivity as well as quality and expand its export market. Export of furniture products has recorded a 30.8 percent increase during January to August 2021, compared to the export in the same period of 2020.…
Batu Ampar Port as The Heart of Batam’s Economy
Batam, home to several ports, is developing the supporting facilities at Batu Ampar Port to improve its performance as part of efforts to lure investors. Under the plan, Batu Ampar Port, which is developed and operated by the Badan Pengusahaan (BP) Batam, is set to have a container yard with…
Indonesia Vows to Continue Transformation toward Circular Economy
Coordinating Minister for Economic Affairs Airlangga Hartarto stressed the government's commitment to carrying out an economic transformation toward a circular economy. "The concept is not only about waste management but is also about production process with reusable raw material. Hence, this will be a significant saving of natural resources," Hartarto…
Agriculture and Aquaculture Start-ups Need Expansion Across Commodities
Startups in agriculture and fish farming need to expand their services to more commodities. The move is believed by investors to spur their growth to be faster. Treasurer of the Indonesian Venture Capital and Startup Association (Amvesindo) Edward Ismawan Wihardja said the prospect of start-ups in the aquaculture and agriculture…
