Business News

Aceh's Export Value Reaches USD 486.1 Million by the Third Quarter of 2024

Banda Aceh | The Central Statistics Agency (BPS) of Aceh reported that the province’s export value reached USD 486.1 million in the third quarter of 2024 (January-September), a 3.17% decrease compared to USD 502 million in the same period last year. Ahmadriswan Nasution, Head of BPS Aceh, explained that non-oil…

Appreciation for Exporters Expanding Export Markets, The Minister of Trade Budi Sends Off 400,000th Container of Processed Food Products to 15 Countries

The Minister of Trade, Budi Santoso, has launched the 400,000th container of processed food products produced by PT Mayora Indah Tbk. for export to 15 countries in Africa, the Middle East, Southeast Asia, South Asia, and other regions, valued at USD 1 million or approximately IDR 15.7 billion. The export…

Indonesia Draws Interest for New Business Investments but Faces Demand for Clean Energy

The Indonesian Ministry of Energy and Mineral Resources (ESDM) has highlighted Indonesia's strong potential for new business ventures in artificial intelligence (AI) and data center development. Anggawira, Special Advisor to the ESDM Minister for Oil and Gas Infrastructure Acceleration, noted that establishing data centers in Indonesia requires significant, reliable clean…

Indonesia Poised to Become Major Supplier of Cosmetic Raw Materials

The Indonesian Ministry of Industry (Kemenperin) sees significant potential for Indonesia to become a leading global supplier of cosmetic raw materials, with over 30,000 plant species offering beauty-enhancing properties. Acting Director-General of the Chemical, Pharmaceutical, and Textile Industries (IKFT) Reni Yanita noted in Jakarta on Tuesday that this potential aligns…
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