Business News

Agricultural Commodities Exports Surge by 70.9% in North Kalimantan

In October 2023, the value of exports of indigenous commodities from North Kalimantan reached USD 131.7 million, a slight increase from September, which stood at USD 130.8 million. The export boost is attributed to increased exports of crude oil, natural gas, and sawn timber, according to Mas’ud Rifai, the Head…

Indonesian Plant Seed Exports Worth IDR 200 Billion Make Waves in the International Market

The Ministry of Agriculture (Kementan) is intensifying efforts to boost the export volume of ornamental plants, aiming to optimize foreign exchange earnings. In addition to commodities like ginger, milk, eggs, and durian, Kementan, through the Directorate General of Horticulture, is focusing on increasing the export volume of ornamental plants, particularly…

European Investors Strengthen Partnership Through Indonesia Europe Investment Summit 2023

The European Business Chamber of Commerce in Indonesia (EuroCham) collaborated with the European Union Delegation to Indonesia to organize the Indonesia Europe Investment Summit 2023 (IEIS) on November 30, 2023. With the theme 'Capturing Crucial Momentum Towards Indonesia Emas 2045,' the event drew 350 participants from Indonesia and European countries.…

Indonesia's Manufacturing Sector Strengthens in November 2023: PMI at 51.7

Indonesia's manufacturing sector continues to show resilience amid global economic challenges, as indicated by the Purchasing Manager's Index (PMI) for November 2023, released by Standard & Poor's (S&P) Global. The PMI strengthened to 51.7, marking a 0.2-point increase from October 2023, where it stood at 51.5. According to the PMI…
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