Business News
The Potential of Indonesia's Ornamental Fish Exports
Prospective buyers examined ornamental fish for sale at the Parung Ornamental Fish Market in Bogor Regency, West Java, on Monday, May 20, 2024. The Ministry of Marine Affairs and Fisheries (KKP) reported that the ornamental fish business and its derivatives have positioned Indonesia as the largest ornamental fish exporter in…
Textile Exports to Dubai: Indonesia Expands Non-Traditional Markets with USD 350,000 Deal
The textile and garment market in the Middle East is projected to grow significantly over the next five years, with an annual growth rate of 7%. The fashion market in this region is valued at USD 89 billion. According to Antara news agency, Indonesia's current allocation of textile and garment…
Trade Balance Surplus Maintains External Resilience of Indonesian Economy
The continued trade balance surplus in April 2024 primarily stems from a robust non-oil and gas (nonmigas) trade surplus. The nonmigas trade balance recorded a surplus of USD 5.17 billion in April 2024, bolstered by strong nonmigas exports amounting to USD 18.27 billion. This positive performance in nonmigas exports is…
Immigration Authority Introduces Golden Visa to Attract Foreign Investors
Silmy Karim, Director General of Immigration, served as the keynote speaker at The New Era Bali Kerthi Investor Forum, themed ‘Special Economic Zone and Golden Visa,’ held at the United in Diversity Bali Campus, Kura Kura Bali. The forum was attended by Minister of Tourism and Creative Economy Sandiaga Uno,…
