Business News

Creative Works Mataraman 2024 Records Business Commitments of IDR 4.4 Billion

The Karya Kreatif Mataraman 2024 event achieved a business matching milestone for UMKM products amounting to IDR 3.3 billion and financing business matching worth IDR 1 billion to three local UMKMs. Moch. Choirur Rofiq, Head of Bank Indonesia (BI) Kediri, emphasized BI's ongoing efforts to strengthen UMKM development programs through…

Quarantine Confirms Dozens of Tons of North Sulawesi Desiccated Coconut Ready for Export

The North Sulawesi Animal, Fish, and Plant Quarantine Agency (Sulut) has confirmed that 20 tons of desiccated coconut from the region are safe and ready for export to the Netherlands. "Processed coconut products are one of North Sulawesi's top plantation commodities that are highly sought after in the international market,"…

FAO Opens First Cocoa Export Depot in West Sepik

The Food and Agriculture Organization (FAO) has inaugurated a cocoa export depot in Vanimo, Papua New Guinea. This depot, the first of its kind in West Sepik Province, is valued at 1.67 million Kina or approximately IDR 6.85 billion and has a storage capacity of 50 metric tons of cocoa…

Outstanding Performance: BPS Reports West Papua's Export Value in May 2024 Increased by 98.67%

The Central Statistics Agency (BPS) recorded that the export value of West Papua Province in May 2024 reached USD 360.03 million, marking an increase of 98.67% year-on-year compared to May 2023, which was USD 181.22 million. "The monthly export value also rose by 8.33% compared to April 2024, which realized…
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