Business News
Downstream Palm Oil Industry Plays Key Role in Indonesia’s Economy
Indonesia’s downstream palm oil industry continues to make a significant impact on the national economy. In 2023, the sector contributed approximately IDR 750 trillion, equivalent to 3.5% of Indonesia’s GDP. Additionally, it generated USD 28.45 billion (IDR 455 trillion) in export revenue, with 93.5% of exports coming from palm oil…
Indonesian Kratom Thrives in U.S. Market, Exports Reach USD 350 Million
Indonesia’s kratom industry has gained significant traction in the U.S., accounting for 96% of total kratom imports and generating USD 350 million in exports. Investment Minister Rosan Roeslani highlighted that kratom, predominantly sourced from West Kalimantan, is widely used for medicinal and herbal purposes. The latest export batch, facilitated by…
First Coconut Water Export from North Halmahera to Sweden
North Maluku’s coconut industry is set for significant growth, marked by the inaugural export of coconut water from North Halmahera to Sweden. Governor Sherly Laos, alongside PT Natural Indococonut Organik (PT Nico), officially launched the shipment of two containers on March 25, 2025. This milestone highlights the region’s expanding presence…
Malang-based MSME Successfully Exports 500 Pottery Pots to Japan for the First Time
A Malang-based MSME, UD Ilham Gerabah, has successfully exported its first pottery pot product to the Japanese market. A total of 540 pottery pots with an export foreign exchange value of USD 1,150 were released at a ceremony held in Klojen, Malang City on Tuesday, March 18th. Head of the…
