Business News
Ranked Among the Top Five, Property Sector Records Investments of IDR 115.2 Trillion
The property sector made a significant contribution to investment realization in Indonesia in 2023. This sector encompasses residential, industrial, and office areas. According to the National Single Window for Investment (NSWI) of the Investment Ministry/Investment Coordinating Board (BKPM), the total investment realization in 2023 amounted to IDR 1,418.9 trillion. Within…
With Banana Stem Waste, Hendri Sugiaji Successfully Penetrates the Italian Market
Hendri Sugiaji, owner of CV Nikmat Sentausa, has turned banana stem waste into profit, showcasing entrepreneurial creativity within Indonesia's Micro, Small, and Medium Enterprises (MSMEs) sector. His woven products, crafted from local banana stems, have gained recognition internationally, with exports reaching Italy. Hendri has established business partnerships with various Italian…
The Catfish Export Market is Exciting: Demand for Supply Reaches 500 Tons Per Year
The export prospects for catfish are promising in 2024, according to Samiono Abdullah, the owner of CV Wahana Sejahtera Food in Jombang Regency, East Java Province. He noted that the market for Pangasidae family fish has been steadily growing each year. One of the potential markets for Pangasius sp. is…
The Number of Cosmetic Industry Rises by 21.9%, Export Value Reaches USD 770.8 Million
The Coordinating Ministry for Economic Affairs reported a notable surge in Indonesia's cosmetic industry, with the number of companies reaching 1,010 by mid-2023, a 21.9% increase from 2022. Airlangga Hartarto, the Minister, highlighted the industry's successful foray into exports, totaling USD 770.8 million for cosmetic, fragrance, and essential oil products…
