Business News
Krakatau Steel to Export 120,000 Tonnes of Steel to Vietnam
At the Iron Steel Summit & Exhibition Indonesia (ISSEI) 2025, PT Krakatau Steel (Persero) Tbk and Vietnam Steel Corporation signed a Memorandum of Understanding, committing to the delivery of Hot Rolled Coil (HRC) of 120,000 tonnes for the next year. This export is a key milestone in Krakatau Steel's strategic…
Coconut Sector Experiencing Significant Growth, and This UMKM Initiating First Exports to China
On 21 May 2025, Sampit Customs and the Ministry of Finance One Sampit (KPP Pratama Sampit and KPPN Type A2 Sampit) delivered the inaugural independent export of a container of coconut fruit owned by micro, small and medium-sized enterprises (UMKM) in East Kotawaringin to Yangpu, China, via MTP 03 Port…
Ministry of Agriculture Commences Initiative in the Coconut Industry
The Ministry of Agriculture, in collaboration with the Coalition of Coconut Producing Regional Governments (Kopek), has agreed to expedite the process of downstreaming and the domestic coconut industry. This initiative aims to enhance the added value of coconut products, a key export commodity for Indonesia, amid growing demand from China…
Minister of Trade Busan: Work Gloves from Sleman Penetrate US Market, Proof of Globally Competitive Local Products
A total of two containers measuring 20 and 40 feet with a total load of 48,612 pairs of work gloves worth USD 123.10 thousand or around IDR1.97 billion were exported to the United States (US). The export of gloves produced by PT Sport Glove Indonesia (SGI) was the first to…
