Business News

Three Years Consecutive Investment Value in Siak Exceeds Target

Siak Regent Alfedri said that investment realization in Siak district from 2020 to 2022 continues to increase. Based on data from the Siak One-Stop Investment and Integrated Services Service (DPMPTSP), from the domestic investment (PMDN) target of IDR 1.5 trillion, IDR 3.5 trillion was realized. Meanwhile, the foreign investment (PMA)…

The Cilacap Regency Government is Encouraging Shrimp Farmers to Continue Exporting Shrimp to Europe

The Cilacap Regency Government, Central Java, through the local Fisheries Service, is trying to boost shrimp exports to a number of countries in Europe which are currently experiencing a downturn due to the crisis on the continent. "So far, the main export markets for shrimp from Cilacap are European countries,…

The Ministry of Industry Targets Exports of Cooking Spices to Reach USD 2 Billion in 2024

The Ministry of Industry (Kemenperin) encourages the food and beverage industry (mamin) to increase its export performance. In January–September 2022, exports of mamin reached USD 35.99 billion, a rapid increase from the same period in the previous year of USD 12.76 billion. "Various policies have been rolled out by the…

Sarinah Duty Free Duty Free Outlets Opened, Presenting Local Products Made by MSMEs

The Sarinah Duty Free duty-free outlet, namely in the Sarinah Building, Central Jakarta, has been opened after signing a partnership with Dufry International AG in February this year. Main Director of Sarinah, Fetty Kwartati, said the presence of Sarinah Duty Free was Sarinah's strategy to strengthen its position as an…
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