Business News
Downstreaming Boosts Nickel Exports in 2022 to Ten Times the 2017 Level
During his keynote speech at the Indonesia-Australia Business Summit (IABS) 2024 in Melbourne, Australia, on Monday, May 13, 2024, Minister of Investment and Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, emphasized Indonesia's commitment to advancing downstream industries. Bahlil highlighted the strong diplomatic relations between Indonesia and Australia, but…
Minister of Trade Affirms Support for Trade Inclusivity at APEC 2024
Minister of Trade Zulkifli Hasan reaffirmed Indonesia's commitment to supporting the World Trade Organization (WTO) and promoting inclusivity in the Asia-Pacific region ahead of the 30th Asia Pacific Economic Cooperation (APEC) Ministerial Meeting in Arequipa, Peru, from May 16-18, 2024. He emphasized Indonesia's intent to strengthen trade, investment, and other…
Indonesia Promotes Lombok as a Center of Excellence for Coconut Downstreaming
In 2023, Indonesia's coconut exports reached USD 1.5 billion, elevating Lombok as a hub for coconut downstreaming. To expand the export market for coconuts, the government has designated Lombok as the Center of Excellence for coconut downstreaming. Known for commodities like palm oil, coffee, and cocoa, Indonesia also holds a…
Meeting with Chinese Ambassador, Airlangga Discusses Nickel Processing Cooperation
Coordinating Minister for Economic Affairs Airlangga Hartarto held a meeting with Chinese Ambassador to Indonesia, H.E. Lu Kang, to promote enhanced cooperation between Indonesia and China in various sectors, particularly in economics, trade, and investment. Minister Airlangga announced that Indonesia will explore the establishment of an R&D Center in collaboration…
