Business News

Indonesia’s Sustainable Products Enliven the Largest Agricultural Exhibition in the World

Indonesia has made its debut at the Salon International de l'Agriculture (SIA), one of the world's largest agricultural and livestock exhibitions. The event, held in Paris from February 24 to March 3, saw the participation of several Indonesian companies committed to sustainable practices and possessing geographical indication certificates. This historic…

Crowded with Foreign Investment, Indonesia's Trade Balance will have a Surplus of US$ 6.3 Billion in 2023

Indonesia's trade balance for 2023 recorded a surplus of USD 6.3 billion, surpassing the USD 4.0 billion surplus in 2022, according to Erwin Haryono, Head of the Communication Department at Bank Indonesia. This positive trend is primarily attributed to the robust performance of capital and financial transactions. Erwin emphasized that…

Indonesia, a Maritime Country with Large Maritime Economic Potential

Indonesia, boasting the world's largest archipelago spanning 5.8 million square kilometers, possesses significant economic potential in sectors like fisheries, tourism, energy, and defense within its expansive maritime domain. Yet, the untapped opportunities stem from inadequate governance, as highlighted by Samarinda's Mayor, Andi Harun. Despite Indonesia's strategic location with 80% of…

Reducing Environmental Impact, Indonesia - Korea Shares Experiences in Implementing Circular Economy

Indonesia and Korea are collaboratively exchanging information, experiences, and best practices in implementing a circular economy. Haznan Abimanyu, Head of Energy and Manufacturing Research Organization at the National Research and Innovation Agency (BRIN), highlighted the circular economy's core principle of maximizing resource value while minimizing waste and environmental impact. Currently,…
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