Business News
The National Food Agency (Bapanas) Forecasts Indonesia to Have a Rice Surplus of 10.46 Million Tons by the End of 2024
The National Food Agency (Bapanas) anticipates a surplus of 10.46 million tons of rice in Indonesia by the end of 2024, as revealed by Andriko Noto Susanto, Deputy of Consumption Diversity and Food Security at Bapanas, during the Regional Inflation Control Coordination Meeting on February 12, 2024. This projection is…
Motorcycle Exports Reach 34,991 Units in January 2024
In the initial months of this year, Indonesia's motorcycle exports have experienced a slowdown compared to the same period last year, as reported by AISI data (12/2/2024). Year-on-year, the volume of motorcycle exports decreased by 10.89%, dropping from 39,269 units in January 2023 to 34,991 units in January 2024. Similarly,…
Asia Sejahtera Mina (AGAR) Exports Up to 22,000 Tons of Seaweed Annually
PT Asia Sejahtera Mina Tbk, trading as AGAR on the Indonesia Stock Exchange (IDX), reveals its promising ventures in the seaweed industry. AGAR supplies three seaweed varieties—Eucheuma Cottoni, Echeuma Spinosium, and Gracilaria—to both domestic and international markets, predominantly across Asia, Europe, and South America, including within Indonesia. Indra Widyadharma, the…
The Market Potential for Gaming in Indonesia is Significant, Prompting the Government to Expedite the Development of the Gaming Industry
The Indonesian government, led by President Joko Widodo, is turning its attention towards the lucrative gaming industry as evidenced by the issuance of Presidential Regulation No. 19 of 2024 on February 12, 2024. This regulation aims to accelerate the development of the national gaming sector, recognizing its substantial economic potential.…
