Business News
Golden Export Opportunity: Banten Ready to Tackle the Peruvian Market
The Comprehensive Trade Agreement (CEPA) between Indonesia and Peru now opens the door for Banten's leading products, such as footwear, textiles, motor vehicles, and refrigeration, to gradually penetrate the Latin American market. Trade Minister Budi Santoso stated that the CEPA is designed as a framework that allows for the gradual…
Bird's Nest Industry Under Pressure, Farmers Urge Government to Act as Export Foster Pa
Bird's nest farmers across Indonesia are feeling severe pressure due to plummeting prices of up to IDR 2.5 million per kilogram and increasingly stringent import regulations, particularly from China. The Chairman of the National Bird's Nest Association (PPSWN), Benny Suryo Sabath Hutapea, stated that new regulations from the General Administration…
Natuna Ready to Become Export-Import Gateway, Selat Lampa Receives Approval from the Ministry of Transportation
The Ministry of Transportation has officially approved Selat Lampa Port in Natuna Regency, Riau Islands, as an export and import port, a significant milestone for the development of Indonesia's border economy. The port is capable of accommodating vessels up to 10,000 GT and is the first open feeder port in…
Bank Indonesia East Java: JCFF 2025 Recorded Partnership Value of IDR 55.8 Billion
Until 25 August 2025, the Java Coffee and Flavours Fest (JCFF) 2025 is being held in Old Town Surabaya, East Java. JCFF 2025 is the largest coffee festival in East Java, showcasing a variety of Indonesian coffee products and highlighting the potential of premium chocolate and spices such as cloves,…
