Business News
Indonesia Emerges as a Net Exporter of Halal Products
The sharia economy and halal industry are increasingly viewed as new sources of economic growth, not only domestically but also on a global scale. The global Muslim population is estimated to continue growing to 2.2 billion people or 26.5% of the world's total population by 2030. This rise will be…
Vast Opportunities for Essential Oil Exports, Europe's Market Holds the Most Potential
The potential for the Indonesian spice business remains significant, particularly in light of the high demand for the export of essential oils. This statement was conveyed by the Chairman of the Central Board of the Indonesian Export Companies Association (GPEI). He mentioned that based on 2021 data, Indonesia boasts 189…
Trade Expo Indonesia 2023 Records Transaction Volume of USD 25.3 Billion
Minister of Trade Zulkifli Hasan officially closed the 38th Trade Expo Indonesia (TEI) on Sunday, October 22, at the International Convention Exhibition Bumi Serpong Damai (ICE BSD), Tangerang, Banten. However, this expo, which also took place online, will continue until December 18, 2023, through www.tradexpoindonesia.com. Amidst the global economic slowdown,…
Southeast Sulawesi's Export Value Reaches IDR 38.78 Trillion
Southeast Sulawesi (Sultra) has been a significant supplier of goods to foreign markets. Indeed, from January to August 2023, the export value reached IDR 38.78 trillion. This substantial amount has been generated through the export of 11 commodities sourced from the "Bumi Anoa" (Anoa Earth) region to various countries worldwide.…
