Business News
Indonesia to Import 100,000 Dairy Cows from the United States
The Indonesian Milk Cooperatives Association (GKSI) plans to import 100,000 dairy cows from the United States to boost milk production and support the government’s Free Nutritional Meals (MBG) program. The initiative addresses the suboptimal genetic composition of local dairy cows, which are a crossbreed between native Indonesian cattle and Frisian…
US Remains Top Export Destination for Yogyakarta Special Region
The export value of Yogyakarta Special Region (DIY) in November 2024 reached USD 51.95 million, marking a 6.43% increase compared to October 2024 and a significant 32.83% rise from November 2023, which recorded USD 39.11 million. According to Herum Fajarwati, Head of DIY Statistics Agency (BPS), the United States remains…
Indonesia-Timor Leste Explore Initial Investment Opportunities
Indonesia and Timor-Leste are exploring initial investment opportunities following a meeting between Timor-Leste’s Minister of Trade and Industry, Filipus Nino Pereira, and Kupang Deputy Mayor Serena Cosgrova Francis in Dili on Monday (6/1/2025). During the meeting, Serena highlighted the investment potential in Timor-Leste and proposed connecting networks of entrepreneurs from…
Indonesia's Trade Surplus Extends to 55 Consecutive Months
Indonesia recorded a trade surplus of USD 4.42 billion in November 2024, marking 55 consecutive months of surplus since May 2020. Cumulatively, from January to November 2024, the surplus reached USD 28.86 billion. During this period, Indonesia's monthly export growth averaged 1.86%, while total export performance for 2024 rose 2.06%…
