Business News
Ministry of Industry Hosts Indonesia Food Innovation 2024, Sourcing Innovative Food SMEs
The Ministry of Industry is spearheading efforts to enhance the competitiveness of Small and Medium Enterprises (SMEs) in the Food and Beverage (F&B) sector through the Indonesia Food Innovation (IFI) Program. This initiative aims to empower SMEs by providing them with guidance and assistance from experts in business and technical…
USD 1 Billion Worth of US Soybeans Imported to Indonesia for Tofu and Tempeh Production
The United States has exported soybeans worth USD 1 billion, equivalent to IDR 16.2 trillion (as of June 8, 2024), to Indonesia, making soybeans the largest US export commodity to the country. This export significantly impacts the production of tofu and tempeh in Indonesia, which predominantly uses US soybeans. This…
Banten's SME Products Penetrate Export Markets with Transactions Reaching Billions of Rupiah
Banten's small and medium-sized enterprises (SMEs) have successfully entered the export market, with transactions during the Karya Kreatif Banten (KKB) and Digiwara Fun Fest 2024, organized by the Bank Indonesia (BI) Representative Office in Banten Province, reaching IDR 8.59 billion. "The value of export transactions reached IDR 8.95 billion, while…
Visiting Galeri Sentra Batik Gunung Pati, Trade Minister Encourages SMEs to Explore Export Markets
Trade Minister Zulkifli Hasan has encouraged small and medium-sized enterprises (SMEs) at the Galeri Sentra Batik Pewarna Alam Gunung Pati in Semarang, Central Java, to explore export markets. One key opportunity for this is participation in the 39th Trade Expo Indonesia (TEI), scheduled for October 9-12, 2024, aimed at boosting…
