Business News
Luhut Urges Australia to Enhance Lithium Exports to Indonesia
The Indonesian government plans to import an additional 60,000 tons of lithium from Australia to support its ambition of becoming a global producer of electric vehicle batteries. The lithium will be processed in Morowali starting in 2024. The government has requested Australia's participation in the domestic electric vehicle battery production…
Agripreneur Drives the Development of Agricultural Downstreaming and Creates Excellent Entrepreneurs
The Minister of Cooperatives and Small and Medium Enterprises (MenKopUKM), Teten Masduki, emphasizes the importance of developing Indonesia's agricultural sector and creating agripreneurs. Agripreneurs, entrepreneurs in the agriculture sector, have the potential to drive the downstream development of agriculture and create outstanding entrepreneurs. The agricultural sector contributes significantly to Indonesia's…
Indonesia Has the Potential to Increase Fishery Product Exports to Egypt
The Indonesian Trade Attaché in Cairo, M Syahran Bakti, highlights Egypt as a significant market for Indonesian seafood and marine products. Bakti encourages broader business-to-business (B2B) cooperation between Indonesian and Egyptian enterprises to seize the opportunities available in Egypt's population of 110 million people. He emphasizes the importance of Indonesian…
Batam Contributes 76% of Export Activities in the Riau Islands Province
The Central Statistics Agency (BPS) of Batam City noted that Batam City successfully contributed nearly 76% of export activities in the Riau Islands Province in May 2023. According to the BPS data, the value of Batam City's exports in May reached USD 1,197.62 million, an increase of 4.33% compared to…
