Business News
Southeast Sulawesi’s Fisheries Break into Global Market
Southeast Sulawesi (Sultra) has made a significant leap in global trade with the successful export of 98 tons of marine and fishery products to the United States, Thailand, and several other countries. Valued at over IDR 28 billion, the shipment—dispatched from Kendari Container Terminal—includes 42 tons of frozen octopus, 10…
Indonesian Furniture and Handicraft Exports Grow 2.18% in Q1 2025
Indonesia’s furniture and handicraft exports have shown a promising uptick in early 2025. According to the Indonesian Furniture and Craft Industry Association (HIMKI), export value in Q1 2025 reached USD 698.64 million—an increase of 2.18% compared to the same period last year. The furniture sector led this growth with a…
Bali and South Korea Collaborate to Develop E-Mobility Industrial Zone
The Bali Provincial Government has partnered with South Korea to develop an E-Mobility industrial zone, aligning with Bali's commitment to clean energy and battery-based electric vehicle adoption under Regulation No. 48 of 2019. The memorandum of understanding (MoU) was signed on June 25, 2025, at the Wiswa Sabha Utama Building…
Banyuwangi Launches Indonesia’s First Industrial-Scale Biofortified Rice Ecosystem
Banyuwangi Regency has officially launched the country’s first industrial-scale ecosystem for biofortified rice, a collaborative initiative involving Pandawa Agri Indonesia, Danone-AQUA, IPB University, local government, Bulog, and Bank Indonesia. The project was inaugurated during a harvest festival on June 25, 2025, alongside a Memorandum of Understanding signing to strengthen food…
