Business News
Non-Oil and Gas Exports in North Kalimantan Reached USD 1.1 Billion
The export of commodities through ports in the province of North Kalimantan in May 2023 experienced a significant increase of 161.30% compared to May 2022, rising from USD 158.21 million to USD 413.40 million. All of these export commodities are non-oil and gas goods, such as wood, fish, flour, fruits,…
Downstreaming of Agricultural Commodities
The agricultural commodity downstreaming in Indonesia needs revitalization to unlock export opportunities, tap into a productive workforce, and boost farmers' income. Currently, due to limited capital, governance issues, and inadequate government support, downstreaming activities for strategic agricultural commodities are inefficient and mostly involve exporting raw and semi-processed goods, resulting in…
Indonesian Coffee Takes the Spotlight in Budapest, Hungary
The "Indonesian Days" exhibition held in Budapest, Hungary, at Kastil Vajdahunyad from June 17 to 18, 2023, recorded a total transaction value of USD 2.67 million, equivalent to around IDR 40.4 billion. The exhibition showcased various Indonesian products, with coffee being the most popular commodity, contributing to more than 93%…
Indonesia's Manufacturing Sector Shows Sustained Expansion
Indonesia's manufacturing sector has consistently expanded for 22 consecutive months in June 2023, strengthening to a level of 52.5 compared to May 2023, which was at 50.3. Febrio Kacaribu, the Head of Fiscal Policy Agency at the Ministry of Finance, explained that the growth in the Manufacturing Purchasing Managers' Index…
