Business News

Minister of Trade Zulkifli Hasan Reveals Increasing Food Imports in Indonesia

Minister of Trade Zulkifli Hasan, also known as Zulhas, expressed concerns over the increasing volume of food imports in Indonesia. He cited examples such as wheat imports, which have risen from 2-3 million tons per year in 2004 to 13 million tons per year. Similarly, the import of refined sugar…

SMEs Encouraged to Improve Quality to Penetrate Export Markets

Minister of Trade Zulkifli Hasan emphasized the importance of developing small and medium enterprises (SMEs) to enhance their skills, productivity, and product quality. The Bhinneka Culture Festival aims to support SMEs in expanding not only in the local market but also in exports. The Ministry of Trade organizes export promotion…

Jokowi Instructs Downstreaming of Seaweed Industry

President Joko Widodo has instructed his officials to focus on the downstreaming of seaweed in regions such as Bali, Southeast Sulawesi, Maluku, East Nusa Tenggara (NTT), and West Nusa Tenggara (NTB). Indonesia has a vast potential for seaweed cultivation, with approximately 12 million hectares available. However, currently only 0.8% of…

JMFW 2024 Expands Export Opportunities for Indonesian Modest Fashion

Indonesia aims to solidify its position as a global Muslim fashion hub with the launch of Jakarta Muslim Fashion Week (JMFW) 2024. The event, themed "Discover Indonesian Modest Fashion Excellence," will take place from October 19 to 21, 2023, at the Indonesia Convention Exhibition (ICE) BSD in Tangerang. JMFW serves…
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