Business News
Tobacco Industry Plays a Key Role in Indonesia’s Economy
Indonesia's tobacco industry has developed into a deeply rooted and integrated ecosystem since the Dutch colonial era, involving millions from tobacco and clove farmers to cigarette factory workers, street vendors, retailers, and exporters. According to Putu Juli Ardika, Director General of Agro Industry at the Ministry of Industry, the Industry…
Biak's Bright Future as a Leading Marine Tourism Destination
Biak Numfor, a regency in Papua, holds enormous potential to become a national icon for marine tourism. Strategically located along Pacific shipping routes and rich in marine biodiversity, coral reefs, and historical World War II relics, Biak offers a unique mix of ecological, cultural, and economic value. Local traditions, natural…
466 Indonesian SMEs Achieve Export Milestone of IDR 1 Trillion
As of May 2025, a total of 466 small and medium-sized enterprises (SMEs) in Indonesia participating in the Ministry of Trade’s export facilitation program have collectively generated export transactions worth over IDR 1 trillion (approximately USD 68.61 million). Most of these SMEs come from Java and Sumatra, offering a diverse…
Trade Minister Flags Off IDR 618 Million Footwear Export to Kuwait
On June 3, 2025, Indonesia’s Minister of Trade, Budi Santoso, officially marked the first export shipment of 8,872 pairs of footwear by CV Rumah Jeddiah to Kuwait, valued at approximately USD 38,000 (IDR 618 million). Held in Surabaya, the event highlights a growing momentum for Indonesian small and medium enterprises…
