Business News

Fakfak's Nutmeg Has Huge Export Potential, But Needs Downstream Processing and Local Capacity

Fakfak Regency, West Papua, is known as a center for nutmeg cultivation, with approximately 18,500 hectares of cultivated land and an annual production of nearly 18,000 tons. This leading commodity has even emerged as a supplier of Indonesian nutmeg and mace to the European market, thanks to the superior quality…

The Indonesian Pavilion at World Expo 2025 Attracts Foreign Investment of USD 23.5 Billion

On 18 August 2025, Director of the Indonesian Pavilion Rahmat Mulianda stated in an official statement that the Indonesian Pavilion at the 2025 World Expo in Osaka has secured investment commitments totalling USD 23.5 billion in the sectors of sustainability, green industry, creative economy, trade, waste management, and tourism. As…

New Policy at Ketapang Port: Trucks Must be Marked with Stickers, Resulting in a More Effective Queue

The policy of placing stickers on selected vehicles entering Ketapang Port has been in effect for 10 days. Following a thorough evaluation, it has been found that the strategy is effective in reducing vehicle queues. The East Java Department of Transportation has confirmed that the policy will continue in effect…

The ILF & IGT Expo 2025 Officially Launched, Stimulating Growth in the Leather and Footwear Sector

From 14–16 August 2025, the Indo Leather & Footwear (ILF) Expo 2025 was held alongside the Indo Garment Textile (IGT) Expo 2025 at JIExpo Kemayoran. In its 18th year, the ILF Expo 2025 returns as an international exhibition and strategic platform for the leather and footwear industry. With over 280…
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