Business News
Palm Fruit Prices Continue to Rise On The Back of Increasing Exports
The price of fresh palm fruit bunches (FFB) in North Sumatra has soared or has reached IDR 1,630 per kg at the beginning of this week driven by increasing exports. "Alhamdulillah, the price of FFB continues to rise. Earlier this week, the price at the factory was IDR 1,630 per…
Vice Minister of Trade: People's Trade Contributes to Economic Growth
Deputy Minister of Trade (Wamendag) Jerry Sambuaga stated that people's trade contributed to national economic growth of 5.44% in the second quarter of 2022 as released by the Central Statistics Agency (BPS)." I have been around in the markets in different regions. Indeed, there is a steady post-pandemic economic resurgence.…
Erick Thohir: Kijing Port Terminal Strengthens Kalimantan's Economic Growth
The Minister of SOEs, Erick Thohir, believes that the inauguration of the National Strategic Project for the Kijing Terminal Port, Mempawah, West Kalimantan has strategic value for equitable distribution and acceleration of economic growth in the region and nationally. The Terminal Port will also strengthen the national port industry ecosystem,…
Agriculture Is Set to Be a Long-Term Program in North Sumatra and Aceh
The Governor of North Sumatra (Sumut) Edy Rahmayadi encouraged the development of the agricultural sector in the long term in the North Sumatra region massively, especially palm oil producers. It aims to increase the production of derivatives or downstream. This is because the agricultural sector is one of the strategic…
