Business News
Ministry of Industry: Cosmetic Sector Boosts National Export Growth
The Indonesian Ministry of Industry (Kemenperin) is actively supporting the growth of the domestic cosmetics industry to enhance national exports. According to data from the Central Statistics Agency, Indonesia’s exports of cosmetic products, essential oils, and perfumes reached USD 842 million in 2023, with notable contributions from popular brands like…
Indonesia’s Mineral and Coal Investment Reaches USD 4.98 Billion by October 2024
The Ministry of Energy and Mineral Resources (ESDM) reported that investment in the mineral and coal (minerba) sector reached USD 4.98 billion by October 2024, or about 62% of the USD 8.08 billion annual target. For comparison, in 2023, the minerba sector achieved USD 7.46 billion in investments, equivalent to…
Ministry Targets Boost in Motorcycle Exports to Strengthen Foreign Exchange and Employment
The Ministry of Industry is aiming to increase motorcycle exports annually, a move expected to enhance Indonesia's foreign exchange earnings and stimulate employment. "We anticipate that motorcycle exports will continue to rise, as Indonesia currently ranks 11th globally in two-wheeler exports," said Deputy Minister of Industry Faisol Riza at the…
Indonesian Petai Enters Japanese Export Market, More Food Commodities Targeted
The Ministry of Forestry officially dispatched 500 kg of Indonesian petai (stink beans) to Japan on Tuesday, October 29, marking a collaborative initiative between the community, government, and private sector to boost welfare through the Social Forestry Program. The Indonesian Market Traders Association (DPP IKAPPI) praised the Ministry’s efforts. "We…
