Business News
Indonesia's Manufacturing PMI Soars to Impressive Heights
According to a survey by S&P Global, Indonesia's manufacturing sector continues to expand, with the Purchasing Managers' Index (PMI) rising to 52.7 in April from 51.9 in March, mainly due to the increasing domestic demand. Minister of Industry Agus Gumiwang Kartasasmita stated that the manufacturing PMI is in expansion territory,…
Indonesia Exports 30,000 Tons of Steel to Italy Worth IDR 315 Billion
On April 28, 2023, Indonesia's Minister of Trade, Zulkifli Hasan, released 30,000 tons of steel owned by PT Krakatau Steel (Persero) Tbk at the Krakatau International Port (KIP) in Banten, which will be exported to Italy. The steel is worth IDR 315 billion and will be exported using the MV…
The Ministry of Maritime Affairs and Fisheries (KKP) Guarantees Fish Exported to the EU is Produced in a Sustainable Manner
The Indonesian Ministry of Marine Affairs and Fisheries has stated that its seafood products exported to the European Union are sourced from sustainable fishing and aquaculture practices. The country's fisheries are guided by the Sustainable Blue Economy policy, which includes implementing a quota-based approach to fishing to address overfishing and…
Sorong Regency Government Presents Mariat Market to Stimulate Economic Growth
The government of Sorong Regency in Southwest Papua Province is planning to activate the Mariat Market in Marait District to boost the area's economic growth. According to the acting Regent of Sorong, Yan Piet Mosso, the position of Mariat Market is very strategic and needs to be reactivated as a…
