Business News
Amid Domestic Market Challenges, TAYS Expands into Export Markets
PT Jaya Swarasa Agung Tbk, also known as Tays Bakers (IDX: TAYS), an Indonesian healthy snack producer, encountered challenges in 2023 amid market difficulties, resulting in a correction in its performance. The net sales declined from IDR 332.02 billion in 2022 to IDR 255.59 billion in 2023. Despite the sluggish…
The Economic Growth of Nagan Raya District Reaches 7.57%, Highest in Aceh
The Central Statistics Agency of the Republic of Indonesia (BPS RI) has released economic growth data for Aceh in 2023, indicating a notable growth rate in Nagan Raya District at 7.57%. This surpasses both the national average growth rate of 5.05% and the provincial growth rate of 4.23%. Sardi, the…
The Central Kalimantan Provincial Government Optimizes The Development Of Cocoa Cultivation.
Pemerintah Provinsi Kalimantan Tengah (Pemprov Kalteng) is optimizing cocoa cultivation development, focusing on enhancing farmers' capacities to elevate cocoa as a primary commodity. According to Rizky Badjuri, Head of the Kalimantan Tengah Plantation Office (Disbun), efforts to boost capacity aim to establish cocoa as a prominent commodity alongside other key…
Becoming a Strategic Commodity, the Government Continues to Develop Downstream Palm Oil Industry.
Indonesia, as the world's largest palm oil producer, with a total production exceeding 56 million tons and exports reaching 26.33 million tons, has cemented palm oil as a strategic commodity supporting the national economy. In 2023, palm oil and its derivatives' export value reached USD28.45 billion, contributing to 11.6% of…
