Business News

Riau Provincial Government Encourages Increased Fish Production Through Collaboration with Investors to Build Feed Factory

The Riau Provincial Government through the Marine and Fisheries Service (DKP) continues to be committed to increasing freshwater fish production. Most recently, the Riau DKP has provided cage assistance for 12 districts/cities in Riau. The Head of the Riau DKP, Yurnalis, said that this cage assistance was adjusted to the…

Government to Reallocate 100,000 Tonnes of Meat Import Quota to Private Sector

On 12th February 2025, the Coordinating Ministry for Food held a limited coordination meeting to discuss the government's latest decisions on beef imports. The government has decided to reallocate the beef import quota from 80,000 to 180,000 tonnes, returning it to private sector businesses. This decision follows concerns raised by…

Indonesian Micro, Small, and Medium Enterprises Export Candlenuts to Saudi Arabia Worth IDR 2.4 Billion

PT Agraria Indonesia Berdaya (Agradaya) and Rose Asia Est For Foodstuffs, a Saudi Arabian company, have signed a memorandum of understanding (MoU). This marks a commitment to export candlenuts worth USD 150 thousand (IDR 2.4 billion) over the next two years. Agradaya is one of the micro, small and medium…

Ministry of Industry to Regulate Industry-Specific Carbon Trading

The Ministry of Industry will be implementing a regulation on carbon trading with a focus on the industrial sector. Initially, this policy will be mandatory for four industries: cement, fertiliser, steel and paper. These sectors have been identified as emitters with significant potential for reduction, as determined by the Ministry…
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