Business News
Rice Imports Back in Spotlight as Govt Plans to Buy up to 1.5M Tons
Farmers' associations have raised their objections to the government’s plan to import between 1 million and 1.5 million tons of rice this year, as the country moves closer to peak harvest season and farmers face falling prices. Indonesian Farmer Union (SPI) chairman Henry Saragih said the average price of dry…
One Indonesian Industry has Boomed During the Pandemic: Seaweed Farming
When COVID-19 hit Indonesia, it devastated industries such as fisheries. However, one sector has gone against the trend: seaweed farming. Our research shows seaweed farming in Indonesia is booming during the pandemic. There is a range of possible reasons for this change, including environmental conditions, farming practices and the impacts…
Bali Plays Host to Live Event for ITB Berlin NOW 2021
Indonesian sellers who took part in the recently-concluded virtual ITB Berlin NOW 2021 convened in a live meeting held in Bali, which was hosted by the Indonesia Ministry of Tourism and Creative Economy (MOTCE). The event, which took place from March 9-12, saw the ballroom at The Anvaya Beach Resort…
Indonesia: Imports Bounce Back After Long Slump
Exports sustain growth while imports recoverIndonesia’s export sector has continued to hum along, posting a 4th straight month of expansion with global economic prospects brightening as vaccination efforts continue for developed and emerging markets alike. Meanwhile, imports recorded their first expansion after 19 straight months of contraction, which could point…
