Business News
Jakarta Leads Indonesia’s Investment Realization in Q3 2024 with IDR 71.35 Trillion
Investment realization in Jakarta for the third quarter of 2024 reached IDR 71.35 trillion, the highest in Indonesia, according to data from the Ministry of Investment/BKPM. The capital city secured the top spot nationally with a foreign direct investment (FDI) realization of USD 2.72 billion (IDR 40.77 trillion), leading among…
Indonesian Coffee Exports Surge in the Philippines and U.S., Reaching USD 1.49 Billion
Indonesian coffee continues to be a major contributor to the country’s trade surplus, with exports significantly outweighing imports. According to Acting Head of the Central Statistics Agency (BPS), Amalia Adininggar Widyasanti, Indonesia's coffee exports from January to September 2024 reached 342.44 thousand tons, valued at USD 1.49 billion, while imports…
Ministry of Agriculture Urges Poultry Industry to Expand Export Markets
The Ministry of Agriculture (Kementan) is encouraging businesses to expand the export of national poultry products to strengthen global competitiveness, boost the economy, and open new markets. "Indonesian poultry products are recognized and accepted in several countries, so we urge businesses to expand their export efforts," said Agung Suganda, Director…
The Global Electric Vehicle Industry Depends on Indonesia
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia is optimistic that Indonesia will play a pivotal role in the global electric vehicle (EV) industry, owing to its abundant natural resources. “As the world discusses green energy and green industries, Indonesia has a comparative advantage that few other countries possess,”…
