Business News
Batu City Exports Ornamental Plants to China, Achieves IDR 150 Million in Sales
The "Song of India," a popular ornamental plant from Batu City, has been exported to China. A total of 3,500 plants, valued at IDR 150 million, were exported by CV. Kusuma Wijaya Plant from Sidomulyo Village, Batu District. The export ceremony took place at the Sidomulyo Village Rest Area on…
Agriculture Ministry Develops Comprehensive Traceability System for Plantation Commodities to Boost Export Value
In a bid to enhance the export value of agricultural and plantation commodities such as palm oil, cocoa, coffee, and rubber, the Ministry of Agriculture (Kementan) and the Coordinating Ministry for Economic Affairs (Kemenko Perekonomian) are developing an integrated supply chain traceability system. This initiative responds to global market dynamics…
Luhut Reveals Indonesia’s Export Revenue Could Reach IDR 1,221 Trillion by 2028 Through Downstreaming
Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, stated that Indonesia's revenue from the downstreaming policy could reach USD 70 billion, equivalent to IDR 1,221 trillion, by 2028. The downstreaming policy aims to export processed goods rather than raw materials, thereby increasing the value of exports, especially in…
Foreign Ministry Supports Indonesian Fisheries Entrepreneurs in Expanding Export Markets
The Indonesian Ministry of Foreign Affairs conducted a training session to enhance Indonesian entrepreneurs' understanding of international fisheries trade, including potential export markets. Held in Jakarta from 4-6 June 2024, this training is part of the implementation of the Memorandum of Understanding on Economic Cooperation and Capacity Building (MoU ECCB)…
