Business News
Indonesia Exports Red Onions to Thailand
The National Food Agency (Bapanas) announced that Indonesia is currently exporting red onions to Thailand to help maintain stable prices for local farmers. This initiative was revealed by Bapanas Head Arief Prasetyo Adi during the Regional Inflation Control Coordination Meeting in Jakarta on Monday, August 5, 2024. Arief mentioned that…
Indonesian Minister Urges Italian Firm to Harness Major Gas Reserves in Makassar Strait
The Indonesian Minister of Energy and Mineral Resources, Arifin Tasrif, has encouraged the Italian company Eni to exploit the substantial gas reserves in the Makassar Strait. This new gas project holds over 10 trillion cubic feet (TCF) of reserves, with the North Ganal Block containing 4.1 TCF and the Indonesia…
Maluku Grouper Exports Reach IDR 48 Billion in First Half of 2024
The Ambon Office of the Agency for the Control and Supervision of Marine and Fisheries Products Quality (BPPMHKP) in Maluku reported that grouper exports from Maluku reached IDR 48 billion in the first half of 2024. This value was achieved from exporting 200,008 groupers over the past seven months, as…
Indonesian Food and Beverage Industry Thrives with Exports Reaching IDR 237 Trillion
Minister of Industry Agus Gumiwang Kartasasmita highlighted the significant role of the food and beverage (F&B) industry in supporting Indonesia's economic growth. In Q1 2024, the F&B sector contributed 39.91% to the non-oil and gas industry GDP and 6.97% to the national GDP, growing by 5.87% year-on-year. From January to…
