Business News

Indonesian Plastic Products Penetrate the Guyana Market, Initial Exports Worth IDR 374 Million

Plastic household products produced by PT Benteng Mas Persada (BMP) recorded their first export to Guyana, valued at USD 23,000, or approximately IDR 374 million. The Ministry of Trade (Kemendag) launched the first export in Surabaya, East Java, on Friday (August 15th, 2025). A total of 4,432 products, including plates,…

Chinese Investors Rush to Indonesia, Jababeka (KIJA) Seizes Profit Opportunity

The President Director of PT. Jababeka Tbk. (KIJA), Setyono Djuandi Darmono (SD Darmono), revealed an increase in investment interest and visits from Chinese companies following the Trump administration's tariffs. Darmono revealed that his company has recorded an increase in investment interest from Chinese companies in the Jababeka industrial area, even…

Palm Oil Prices Rise for Two Consecutive Days, Melt and Olein Exports Boost Optimism

Crude palm oil (CPO) prices on the Bursa Malaysia Derivatives Exchange rose again on Monday (August 18, 2025), remaining above MYR 4,500 per metric ton. The November contract price rose by MYR 7, or around 0.82%, for the second consecutive trading session, according to Reuters. Oliver David Ng of Iceberg…

Fakfak's Nutmeg Has Huge Export Potential, But Needs Downstream Processing and Local Capacity

Fakfak Regency, West Papua, is known as a center for nutmeg cultivation, with approximately 18,500 hectares of cultivated land and an annual production of nearly 18,000 tons. This leading commodity has even emerged as a supplier of Indonesian nutmeg and mace to the European market, thanks to the superior quality…
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