Business News
Indonesia Exports Snack and Beverage Products Worth USD 100,000 to Canada
The Ministry of Trade, through the Indonesian Trade Promotion Center (ITPC) in Vancouver, witnessed the unloading process of containers carrying Indonesian snack and beverage products in Vancouver, Canada, with a total transaction value of USD 100,000. Indonesian food and beverage products have great potential to be well-received by consumers in…
Indonesia-South Korea Forge Partnership in Implementing Smart Farming Concept
The Indonesian government has collaborated with South Korea to implement the concept of smart farming in an effort to enhance productivity and the quality of agricultural products within the country. The concept of smart farming optimizes the efficient use of technology. The smart farming concept implemented in the Indonesia-South Korea…
Ministry of Industry Pushes for Food and Beverage Industry Expansion into International Markets
The Ministry of Industry (Kemenperin) is actively promoting the expansion of the food and beverage industry (mamin) into the global market. The mamin industry is a key driver of non-oil and gas manufacturing growth in Indonesia, supported by abundant natural resources and increasing domestic demand. Kemenperin supports the growth of…
IMF Forecasts Stable Economic Growth for Indonesia Until 2024
The International Monetary Fund (IMF) has released the World Economic Outlook (WEO) report for July 2023, projecting that Indonesia's economic growth will remain stable at 5% in 2023 and 2024. However, the report also highlights several opportunities and challenges that could affect Indonesia's economy in the coming year. According to…
