Business News
Tanjungpinang's MSMEs Export 13 Tons of Snail Shells as Raw Material for Clothing Buttons to Vietnam
Micro, small, and medium enterprises (MSMEs) from Tanjungpinang, represented by CV Rezeki Lautan Kepri, marked their inaugural export venture by shipping 13 tons of lola snail (Rochia nilotica) shells to Cat Lai, Vietnam, on Thursday (3/21). Departing via the Sri Bayintan Kijang Port, this export commodity amounted to USD 11,700…
Indonesian Household Products Garner Transactions Worth IDR 133 Billion in the US
Indonesian household products showcased impressively at The Inspired Home Show (IHS) 2024 held from March 17 to 19, 2024, at McCormick Place, Chicago, USA. The exhibition recorded potential transactions worth USD 8.88 million or approximately IDR 133.19 billion, tripling the previous year's achievements. According to Consul General RI Chicago Listyowati,…
Through Pesyar, BI South Sulawesi Pushes the Potential of Halal Products Towards Global Markets
Bank Indonesia's South Sulawesi Representative Office organized the South Sulawesi Sharia Economic Week (Pesyar) to promote local products' halal certification and their potential in global markets. Rizki Ernadi Wimanda, Head of the office, highlighted the global demand surge for Sharia economic products, with Muslims spending USD 2.29 trillion in 2022,…
Trade Surplus Balance, Trade Minister Optimistic Non-Oil and Gas Exports Remain Strong Throughout 2024
In February 2024, Indonesia registered a trade surplus with a value of USD 0.87 billion, comprising a non-oil and gas surplus of USD 2.63 billion and a trade deficit in oil and gas of USD 1.76 billion. This marks the country's 46th consecutive month of trade surplus. Minister of Trade,…
