Business News
Becoming a Superstar, LPEI Encourages Growth in Moringa Superfood Exports
From January to September 2024, the value of powdered vegetable exports saw a significant increase of 90.74%, reaching USD 13.75 million, up from USD 7.21 million during the same period last year. The volume of exports also grew by 169.41%, from 1,610 tons to 4,350 tons. A large portion of…
Investment Ministry Projects Indonesia's Economic Growth to Exceed 8% by 2027
The Ministry of Investment has projected that Indonesia's economic growth will reach 8% by 2027. In the short term, the economy is expected to grow by 6.8% next year, with a rise to over 7% by 2026. Edy Junaedi, the Deputy for Investment Control at the Ministry, stated that achieving…
Government Launches First Shrimp Export to Brunei Darussalam Worth IDR 1.66 Billion
On November 18, 2024, the Ministry of Marine Affairs and Fisheries (KKP) facilitated the first-ever export of shrimp products to Brunei Darussalam, valued at IDR 1.66 billion. The shipment included 42 tons of shrimp feed, 8 million shrimp larvae (benur), and 400 breeding shrimp. Budi Sulistyo, Director-General of Fisheries Competitiveness…
Indonesia’s Strategic Role in Supporting Global Food and Energy Security Through Palm Oil
Indonesia, as the world's largest palm oil producer, plays a crucial role in ensuring global food and energy security amid rising population levels. "For Indonesia, palm oil is a strategic commodity vital to achieving food and energy self-sufficiency," said Kacuk Sumarto, Chairperson of Rumah Sawit Indonesia (RSI), in Jakarta on…
