Business News
Indonesia Appoints State-Owned Enterprises as Sole Exporters for Key Commodities
President Prabowo Subianto announced a new government regulation requiring state-owned enterprises (SOEs) to become the sole exporters of several strategic natural resource commodities, including palm oil, coal, and ferroalloys. The policy aims to strengthen export governance, improve transparency, and optimize state revenue by tightening supervision over commodity trade and reducing…
Indonesia Targets Up to 6.5% Economic Growth in 2027 Through New Export Strategy
Indonesia is targeting economic growth of up to 6.5% in 2027 as the government introduces a new export management scheme aimed at improving transparency and increasing state revenue from commodity exports. President Prabowo Subianto stated that the country plans to strengthen oversight of strategic commodities, including coal, palm oil, and…
Indonesia Strengthens Tilapia Exports Amid Rising Global Demand
Indonesia is strengthening its position in the global seafood market as international demand for tilapia continues to increase, particularly from the United States and Europe. The Ministry of Marine Affairs and Fisheries highlighted tilapia as one of the country’s leading export commodities due to its competitive pricing, high nutritional value,…
Bondowoso Coffee Goes Global as Singapore and Europe Eye Premium Ijen Micro-Lots
Coffee produced on the fertile slopes of Mount Ijen in Bondowoso is making waves in the international arena, capturing the serious attention of specialty buyers from Singapore and Europe. This rising global demand presents a massive opportunity for local MSMEs and smallholder coffee farmers who have successfully elevated their post-harvest…
