Business News
Indonesia's Exports Surpass USD 20.61 Billion, Revealing the Most Lucrative Commodities
The trade balance of Indonesia in June 2023 recorded a surplus of USD 3.45 billion, attributed to higher export realization compared to imports. The Secretary-General of the Central Statistics Agency (BPS), Atqo Mardiyanto, explained that both the oil and non-oil sectors experienced a decline in exports, influenced by the decrease…
Governor: Agriculture, Fisheries, and Forestry Sectors Drive West Sumatra's Economy
The economy of West Sumatra, Indonesia, is supported by three sectors: agriculture, fisheries, and forestry, which need to be optimized, according to Governor Mahyeldi Ansharullah. These sectors contribute 21.2% to the economic growth of the province. During the COVID-19 pandemic, the people of West Sumatra did not experience food shortages…
Embracing Opportunities and Challenges of the Carbon Market for the Industry
The Indonesian Financial Services Authority (OJK) announces that live trading for the carbon market will begin in September 2023. The Ministry of Environment and Forestry will simultaneously launch a pilot project involving 100 million tons of CO2 to coincide with the carbon market's debut. A pre-launch event will be held…
Ministry of Industry: Pharmaceutical Industry Competes and Ensures Sustainability
The Ministry of Industry in Indonesia reports that the chemical, pharmaceutical, and textile industries (IKFT) have remained active, with investments reaching IDR 33.78 trillion in the first quarter of 2023. To ensure the competitiveness and sustainability of the pharmaceutical industry, the Head of the Center for Green Industry at the…
