Business News
Global Market Reaches USD 7.79 Billion, Indonesian Seaweed Industry Set to Soar
Minister of Marine Affairs and Fisheries Sakti Wahyu Trenggono announced plans to develop seaweed farming models in Rote Ndao and Southeast Maluku this year. This initiative aims to boost the national seaweed downstream industry. "This year, we plan to develop modeling in two additional locations, Rote Ndao and Southeast Maluku,…
Government and ASMINDO Target IDR 80 Trillion in Furniture Exports by 2024
Minister of Cooperatives and SMEs Teten Masduki highlighted that despite various domestic and global economic challenges, Indonesia's furniture industry has shown a strong performance. Over the past five years (2018-2022), furniture export values have increased consistently, reaching USD 2.9 billion (approximately IDR 46.4 trillion) in 2022, up from USD 2.8…
Bkhit North Maluku Collaborates With The Police To Increase Production In The Fisheries Sector
The Animal, Fish, and Plant Quarantine Agency (BKHIT) of North Maluku (Malut) has partnered with the local Police Department (Polda) to oversee and secure the fisheries sector, particularly focusing on increasing lobster production to support the local economy. Willy Indra Yunan, the head of BKHIT Malut, expressed support for the…
The Ministry of Industry Continues to Drive the Development of the Dairy Processing Industry
The Ministry of Industry (Kemenperin) is committed to maintaining the availability of raw materials for the dairy processing industry to ensure productivity and meet both domestic and export market demands. The rise in new investments in the dairy processing sector, particularly from liquid milk producers, has increased the demand for…
