Business News
Millennial Farmers Export Agricultural Commodities to Singapore and Malaysia
The Indonesian Ministry of Agriculture has facilitated the export of agricultural products cultivated by millennial farmers from Central Java to Singapore and Malaysia. The shipments include 70 tons of honey sweet potatoes, 1.5 tons of coconut sugar, and 1 ton of organic vegetables, totaling IDR 1.335 billion in export value.…
Agriculture Minister Accelerates Downstream Transformation in Riau to Achieve Food Self-Sufficiency
Indonesia’s Agriculture Minister is pushing for a major transformation in Riau’s agricultural sector by accelerating downstream development. The goal is to strengthen local food processing industries and reduce dependency on imports, ultimately leading to regional food self-sufficiency. By enhancing the agricultural value chain, Riau is expected to produce not just…
Indonesia to Increase Palm Oil Exports to the European Union in the Second Half of 2025
Indonesia plans to significantly increase palm oil exports to the European Union (EU) in the second half of 2025. According to Febrio Kacaribu, Director General of Economic and Fiscal Strategy at the Ministry of Finance, this growth will be driven by the finalized negotiations of the Indonesia-European Union Comprehensive Economic…
Steel Industry Installed Production Capacity of 27 Million Tons by 2029
Indonesia’s steel industry is experiencing strong momentum, with the government aiming to increase installed crude steel production capacity from 21 million tons to 27 million tons by 2029. This initiative aligns with the country's broader manufacturing goals, as the manufacturing sector contributed USD 196.5 billion in exports in 2024—making up…
