Business News
SML: Indonesia Emerges as an Investor Destination for Startup Sector
Irawan Harahap, CEO of Digital Tech Ecosystem & Development at Sinar Mas Land, highlights Indonesia's growing appeal among investors seeking opportunities in the startup sector. He attributes this attractiveness to the country's rapid economic growth, widespread internet penetration, and dynamic startup ecosystem. According to data from the Indonesian Ministry of…
Palm Oil Dominates Export Commodities from Teluk Bayur Port
The Office of Customs and Excise Supervision and Service (KPPBC) Teluk Bayur, Padang City, notes that palm oil (CPO) and its fractions dominate the export commodities from West Sumatra in the first quarter of 2024. Approximately 75 to 80% of the total monthly exports consist of CPO, followed by exports…
LPEI Urges 104 SMEs to Expand Export Markets in Early 2024
The Indonesian Export Financing Institution (LPEI), also known as Indonesia Eximbank, has facilitated 104 Indonesian exporters in securing new buyers from various countries with business deals worth up to IDR 1 billion. LPEI encourages a wide range of Indonesian products, from fashion, home decor, furniture, food and beverages to spice…
Aruna Forecasts Rise in Fish Exports in 2024, Identifies Potential Markets
Aruna, a key player in Indonesia's fisheries sector, anticipates growth in the export of Indonesian seafood products in 2024, in line with the projected global market expansion. Notable markets such as Europe, Japan, and the Middle East present promising avenues for exploration. Based on data from the Global Seafood Market,…
