Business News
Luhut Reveals Indonesia’s Export Revenue Could Reach IDR 1,221 Trillion by 2028 Through Downstreaming
Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, stated that Indonesia's revenue from the downstreaming policy could reach USD 70 billion, equivalent to IDR 1,221 trillion, by 2028. The downstreaming policy aims to export processed goods rather than raw materials, thereby increasing the value of exports, especially in…
Foreign Ministry Supports Indonesian Fisheries Entrepreneurs in Expanding Export Markets
The Indonesian Ministry of Foreign Affairs conducted a training session to enhance Indonesian entrepreneurs' understanding of international fisheries trade, including potential export markets. Held in Jakarta from 4-6 June 2024, this training is part of the implementation of the Memorandum of Understanding on Economic Cooperation and Capacity Building (MoU ECCB)…
Indonesia Promotes Coconut Sugar Products for Australian Market
The Indonesian Ministry of Trade, through the Trade Attaché in Canberra, is pushing for the expansion of Indonesian products in Australia. This initiative was marked by the signing of a cooperation agreement between Global Coco Sugar, an Indonesian coconut sugar producer, and Import United Ausindo Pty Ltd, which will act…
Airlangga Meets with US Commerce Secretary to Strengthen Indonesia’s Economic Performance
Coordinating Minister for Economic Affairs Airlangga Hartarto met with US Secretary of Commerce Gina Raimondo at the Fullerton Hotel in Singapore on Wednesday, 5 June 2024. They discussed the Indo-Pacific Economic Framework (IPEF) and bilateral issues, aiming to enhance the Comprehensive Strategic Partnership between Indonesia and the US. Gina Raimondo…
