Business News
Indonesian Ambassador to Vietnam Fully Supports Lobster Cultivation Initiatives
Diplomatic relations between Indonesia and Vietnam are witnessing positive advancements, particularly in the fisheries and aquaculture sectors. In a recent official meeting, HRM Khalilur R Abdullah Sahlawiy, an Indonesian entrepreneur engaged in lobster farming in Khan Hoa and Phu Yen provinces of Vietnam, introduced his business partners to the Indonesian…
Indonesia’s Tourism Investment Sees Significant Improvement
Positive news emerges from Indonesia's tourism sector, with the country achieving a remarkable rise of 10 positions in the 2024 Travel and Tourism Development Index (TTDI), as reported by the World Economic Forum (WEF). This index provides an updated assessment of tourism development in various countries following the pandemic. Released…
Shrimp Farming Remains a Leading Sector in Indonesia's Aquaculture Industry
Shrimp exports account for 34.5% of Indonesia's total fisheries exports. According to the Food and Agriculture Organization (FAO) data from 2023, Indonesia ranks among the world's largest shrimp producers, standing as the fourth-largest shrimp exporter globally with a 6.6% share of total global shrimp exports in 2022. The Ministry of…
Indonesia Dominates Global Gambir Market, Exporting to India and Europe
Indonesia stands as the largest exporter of gambir globally, commanding an impressive 80% share of the world market. The primary export destinations include India, followed by Japan, China, Pakistan, and several European countries. Notably, Indonesia accounts for 50% of the gambir market in India. In 2022, the country’s export value…
