Business News
Indonesia to Transition from Fishing to Aquaculture Within 10 Years, Says Maritime Affairs Minister
The Indonesian government aims to foster a blue economy in the marine sector, transitioning from a heavy reliance on fishing to aquaculture over the next decade. Minister of Maritime Affairs and Fisheries Sakti Wahyu Trenggono stated that within the next 5 to 10 years, Indonesia must implement the blue economy…
Investor Confidence in Indonesia's Economic Prospects Remains Strong
Deputy for Macroeconomic and Financial Coordination at the Coordinating Ministry for Economic Affairs, Ferry Irawan, stated that investor confidence in Indonesia's economic prospects remains robust despite geopolitical tensions in the Middle East. "Various growth and investment indicators show that public and investor confidence in our economy is still quite good.…
Foreign Tourist Visits Surge by 23.23% in April 2024, Signaling Indonesia's Tourism Revival
In April 2024, Indonesia experienced a notable increase in foreign tourist arrivals, reaching 1.07 million visits, marking a 2.41% rise from March 2024 and a substantial 23.23% increase compared to April of the previous year. The majority of visitors hailed from Malaysia, Australia, and China. Cumulatively, from January to April…
Indonesia's Vast Potential in Herbal Medicine
The National Research and Innovation Agency (BRIN) has underscored Indonesia's significant potential to produce herbal medicines, leveraging its abundant biodiversity. BRIN Head, Laksana Tri Handoko, revealed that Indonesia has identified approximately 30,000 species from its biodiversity, yet only 76 standardized herbal medicines have been developed. Handoko emphasized the importance of…
