Business News
Deputy Minister of Investment and Downstream Offers Investment to 40 Australian Investors
The government through the Ministry of Investment and Downstream/Investment Coordinating Board (BKPM) continues to take strategic steps to attract foreign investment to Indonesia. One of these efforts was realized through the working visit of the Deputy Minister of Investment and Downstream/Deputy Head of BKPM, Todotua Pasaribu, to Australia on March…
Reviewing Pasar Baru Bandung: 3,000 Traders, 20,000 Visitors Daily, Economy Thrives
Deputy Minister of Home Affairs Bima Arya Sugiarto visited Pasar Baru Bandung ahead of Eid al-Fitr 1446 H, observing its vibrant economic activity. With approximately 3,000 traders and 20,000 daily visitors, the market remains a key economic hub, especially during the festive season. Although foot traffic is slightly lower than…
Tidore Islands Government Promotes Local Coconut Oil Industry
The Tidore Islands city government is committed to expanding its local coconut oil industry, particularly through the small and medium enterprises (IKM) Sohi Coconut in Akelamo, Oba Tengah. Mayor Muhammad Sinen emphasized the need for greater market support to scale up production and ensure that locally made coconut oil becomes…
Rising Exports Drive 9.1% Increase in Indonesia's Fisheries Trade Surplus
Indonesia's fisheries trade surplus grew by 9.1% in 2024, supported by a 5.7% increase in export value, reaching USD 5.95 billion, while imports declined by 19.8%. The Ministry of Marine Affairs and Fisheries (KKP) highlighted key export commodities, with shrimp leading at USD 1.68 billion (28.2% of total exports), followed…
