Business News
Indonesia's Fishery Exports Reach USD 6.24 Billion, Tuna Becomes the Highlighted Commodity
The international market demand for Indonesian fisheries commodities continues to increase. In 2022, the export value of fisheries products reached USD 6.24 billion, a 9.15% increase compared to the previous year. Tuna, particularly the Tuna-Cakalang-Tongkol (TCT) species, contributed significantly to the export value after shrimp. Tuna remains a sought-after commodity…
Impressive! Giant Prawn Farm in Kebumen Harvests Tens of Tons per Hectare
Indonesia's investment competitiveness has improved, with its ranking rising to 34th out of 64 countries this year. After experiencing a decline last year, Indonesia's investment climate is showing signs of recovery. Citing data from the Institute for Management Development (IMD), Indonesia's competitiveness ranking has improved from 44th in 2022 to…
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…
