Business News
Wood Pellets Dominate Gorontalo's Exports in January 2025, Recording a Value of USD 2.7 Million
Wood pellets occupy the largest portion of commodities exported from Gorontalo Province in January 2025. The commodity, which is included in the Wood, Wood Products (HS 44) category, recorded a transaction value of USD 2.791 million or equivalent to IDR 44 billion.Head of the BPS of Gorontalo Province, Mukhamad Mukhanif,…
Indonesia Strengthens the Coffee Market in Australia through Melbourne International Coffee Expo 2025
From 20-22 March 2025, Indonesia participated in the Melbourne International Coffee Expo (MICE) 2025, which aims to expand the Indonesian coffee market in Australia. MICE was attended by 130 exhibitors from various countries and more than 31,000 visitors, establishing it as a prominent business hub, and facilitating over 20,000 business…
The Ministry of Trade and the Ministry of Creative Economy signed a MoU on Creative UMKM Product Development
On 23 March 2025, Minister of Trade Budi Santoso and Minister of Creative Economy Teuku Riefky Harsya signed a Memorandum of Understanding (MoU) on Creative Micro, Small and Medium Enterprises (UMKM) Product Development, which aims to enhance the development of UMKM in the creative product sector, fostering its resilience, innovation…
Ministry of Industry Proposes Six-Month Export Ban on Coconut, Here's Why
The domestic coconut processing industry is facing raw material supply issues, leading to decreased productivity and utilisation. This has a detrimental effect on the sustainability of industrial activities and the number of employees. Considering the raw material shortage affecting the domestic coconut processing industry, the Director General of Agro-Industry of…
