Business News
The Catfish Export Market is Exciting: Demand for Supply Reaches 500 Tons Per Year
The export prospects for catfish are promising in 2024, according to Samiono Abdullah, the owner of CV Wahana Sejahtera Food in Jombang Regency, East Java Province. He noted that the market for Pangasidae family fish has been steadily growing each year. One of the potential markets for Pangasius sp. is…
The Number of Cosmetic Industry Rises by 21.9%, Export Value Reaches USD 770.8 Million
The Coordinating Ministry for Economic Affairs reported a notable surge in Indonesia's cosmetic industry, with the number of companies reaching 1,010 by mid-2023, a 21.9% increase from 2022. Airlangga Hartarto, the Minister, highlighted the industry's successful foray into exports, totaling USD 770.8 million for cosmetic, fragrance, and essential oil products…
Indonesia's Coal Exports Reach All-Time High
In 2023, Indonesia's coal production surged by 12%, and coal exports increased by 10%, as reported by S&P Global Platts. This led to record-breaking figures in both production and exports, reaching 775.2 million tons and 508.0 million tons respectively, marking historical highs in statistical observations. The majority share of coal…
Indonesia Ranks Second Globally in Ornamental Fish Exports, Opening Opportunities for Business Expansion
The Director General for the Strengthening of the Competitiveness of Marine and Fisheries Products at the Ministry of Maritime Affairs and Fisheries, Budi Sulistiyo, highlights the lucrative potential for the development of ornamental fish export businesses in Indonesia. Budi emphasizes the economic value generated from the hobby of ornamental fishkeeping,…
