Business News

Downstream Processing Can Boost Furniture Exports up to USD 5 Billion

The utilization of technology through the industrialization program is seen as a significant boost to Indonesia's furniture and craft exports. Abdul Sobur, the chairman of the Presidium of the Association of Indonesian Furniture and Craft Industries (HIMKI), highlighted this during the International Manufacturing Components (IFMAC) & Woodworking Machinery Exhibition (WOODMAC)…

Indonesia Promotes Fruits, Vegetables, and Food at Amazing ASEAN in Lulu Hypermarket Riyadh

The Indonesian government, in collaboration with the Ministry of Trade and the Indonesian Embassy in Riyadh, actively promoted a diverse range of Indonesian fruits, vegetables, and food products at the Amazing ASEAN event hosted by Lulu Hypermarket in Riyadh, Saudi Arabia, on September 6, 2023. Lulu Hypermarket, one of Asia's…

Indonesia's Coffee Exports Increase by 35.71% in 2022

Based on data from the Central Statistics Agency (BPS), Indonesia's coffee exports in 2022 amounted to USD 1.14 billion, with a volume of 433,780 tons. This represented a significant increase of 35.71% compared to the previous year when exports totaled USD 842.52 million, with a volume of 380,173 tons. Analyzing…

North Maluku's Economic Growth in the Second Quarter of 2023 is the Highest in Indonesia

The economy of North Maluku Province experienced significant growth in the second quarter of 2023, reaching 23.89% (yoy), which is the highest growth rate across Indonesia. This acceleration in growth was driven by the mining and manufacturing sectors, which continued to perform strongly. Additionally, increased consumer spending during the religious…
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