Business News

Industrial Downstreaming Boosts Metal Sector Growth by 11.49%

The Ministry of Industry (Kemenperin) is actively promoting industrial downstreaming as a key strategy to enhance the performance of the manufacturing sector in Indonesia. By the second quarter of 2023, the metal sector had recorded a growth rate of 11.49%, surpassing the national economic growth rate of 5.7%. "In the…

Mimika's Sea Shrimp Exports Yield IDR 1.4 Billion in a Month

Apart from mining, Mimika Regency has multiple sources of generating regional income (PAD). One of these is fisheries, specifically sea shrimp. The sea shrimp from Mimika are exported to various destinations, including the United States, Europe, and Japan. The Coordinator of Coastal Shrimp Fishermen, Rahman, stated that during October 2023,…

Trade Minister Launches Inaugural Export of Lampung's Areca Nuts to Saudi Arabia

Indonesia's Trade Minister, Zulkifli Hasan, has inaugurated the inaugural export of native areca nuts from Lampung Province to Saudi Arabia, with a value exceeding IDR 542 million. "Areca nuts are a native commodity produced in Sumatra, as there are numerous areca nut trees here, and currently, it is the harvest…

Investment Achievement in Karanganyar Exceeds the 2023 Target of IDR 2 Trillion

The investment value in the Karanganyar Regency has already exceeded the set target for the year, even though the year has not yet concluded. Heru Joko Sulistiyono, the Head of the Investment and Integrated One-Stop Service Agency (DPMPTSP) of Karanganyar, revealed that the target investment value in accordance with the…
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