Business News
Indonesia Targets IDR 54.32 Trillion Trade Deal at Africa Forum
Indonesia is set to sign trade and investment agreements worth USD 3.5 billion (approximately IDR 54.32 trillion) with African countries, as it seeks new markets beyond Asia amid ongoing global trade tensions. These agreements will be announced during the 2024 Indonesia-Africa Forum, which is currently taking place in Bali and…
The Ministry of Industry Prepares Updates for Wood and Furniture Industry Machinery
The Ministry of Industry (Kemenperin) is launching a machinery and equipment renewal (restructuring) program for the processed wood and furniture industries to enhance competitiveness and efficiency, thereby advancing the national economy. "This program has three main objectives: strengthening the value chain in the processed wood and furniture industries through technology…
Acting Governor Adhy Karyono Reports East Java Automotive Industry Exports Reach USD117.6 Million
Acting Governor of East Java, Adhy Karyono, highlighted that the automotive industry is a key sector for East Java. The sector's growth has been significant, with East Java's automotive industry export value reaching USD 117.6 million by March 2024. Adhy expressed optimism that the GAIKINDO Indonesia International Auto Show (GIIAS)…
Barantin Ensures Compliance with Export Standards for South Sumatra Tea
The Indonesian Quarantine Agency, through the Animal, Fish, and Plant Quarantine Center of South Sumatra (Karantina Sumsel), ensures that the standards of tea from South Sumatra comply with the requirements of the destination countries, reflecting the rise in tea exports. On Wednesday, August 28, 2024, it was reported that tea…
