Business News
Indonesia's fisheries trade saw a 9.1% increase in surplus in 2024
In 2024, the Ministry of Maritime Affairs and Fisheries (KKP) recorded a 9.1% increase in the trade balance surplus of fisheries commodities compared to 2023. This growth was driven by a surge in export values, reaching USD 5.95 billion, marking a 5.7% increase, and a decline in import values by…
South Sumatra's Economic Growth Surpasses National Rate in 2024
In 2024, South Sumatra Province achieved economic growth of 5.03%, surpassing the national average of 4.95%. The province's economic growth was driven by favourable regional stability and high community productivity. Inflation in the province was recorded at 1.20% in the same year, while the national figure stood at 1.57%. Furthermore,…
LPEI Disburses IDR 524 Billion for Pharmaceutical and Medical Equipment Export Industry
LPEI has allocated IDR 524 billion under the Special Export Assignment (PKE) program to support pharmaceutical and medical equipment exporters. This funding aims to boost production and export expansion of vaccines, medicines, and medical devices like syringes. Acting Managing Director of Business Development at LPEI, Maqin U. Norhadi, emphasized that…
Kemenperin Strengthens The Solar Module Industry, Supporting Renewable Energy Electrification
The Ministry of Industry (Kemenperin) supports the development of the solar module industry as a key component in solar power plants (PLTS) to maximize renewable energy electrification in Indonesia. According to Solehan, Director of Machinery and Agricultural Equipment Industry at Kemenperin, this initiative aligns with the country’s goal of achieving…
