Business News
Indonesia's Animal Fats and Oils Exports to Estonia Rise to USD 276.34 Million
Indonesia recorded exports to Estonia worth USD 394.68 million as of December 2023, marking a 27.37% increase compared to the previous year’s export value of USD 309.87 million. Over the past decade, Indonesia's trade with Estonia has shown a consistent upward trend, with 2023 setting a new record for the…
Indonesia Exports 39.6 Tons of Robusta Coffee Beans to Egypt
A total of 39.6 tons of Indonesian Robusta coffee beans, grade 3 EK with ELB 4000BC specifications, from PT Asal Jaya Malang, East Java, have been delivered to the warehouse of Fayoumi, an import-export food company in Fashn, Beni Suef, Egypt. "We are witnessing the realization of this 39.6-ton export…
Covering 80 Percent of Global Production, Indonesia-Malaysia Strengthen Palm Oil Sector Cooperation
The Minister of Trade (Mendag) Budi Santoso shared details of an agreement reached between Indonesia and Malaysia during a meeting between President Prabowo Subianto and Malaysian Prime Minister Anwar Ibrahim in Kuala Lumpur on January 27th, 2025. The two leaders agreed to strengthen strategic cooperation, particularly in trade and investment,…
To Reduce Exports, Pertamina Will Upgrade Refineries to Absorb Crude Oil
PT Pertamina (Persero) plans to upgrade the capacity and flexibility of its refineries to process crude oil allocated for export, as part of the government’s plan to divert crude exports for domestic processing. This move is aimed at supporting Indonesia's commitment to energy independence. The government has emphasized that all…
