Business News
Indonesian Palm Oil Exports Surge by 11.4% in October
In a promising development for Indonesia's palm oil industry, data from the Indonesian Palm Oil Association (Gapki) reveals an impressive 11.4% surge in palm oil exports in October 2023. The total export volume reached 3 million tons, a substantial increase from the previous month's 2.7 million tons. Notably, the growth…
Indonesian Export Financing Institution Channels IDR 8.7 Trillion to Special Export Programs Boosting Tourism
In a significant stride towards advancing Indonesia's export potential, the Indonesian Export Financing Institution (LPEI) and PT Bank Central Asia (BCA) have collaborated to provide financing and credit guarantees totaling IDR 1.05 trillion to PT. Indonesia Ferry Properti (IFPRO) for the development of the Mariana Labuan Bajo area in East…
Indonesia's Halal Product Exports Surge to USD 42.33 Billion by October 2023
In a remarkable achievement, Indonesia's total trade in halal products for the January-October 2023 period reached USD 53.43 billion, showcasing the country's robust engagement in the global halal market. The positive highlight is the substantial export figure, standing at USD 42.33 billion, resulting in an impressive trade surplus of USD…
Indonesia Generates Transactions Over Rp132.16 Billion at Coffee and Chocolate Exhibition in Saudi Arabia
In a successful showcase at the International Coffee and Chocolate Exhibition (ICCE) in Riyadh, Saudi Arabia, Indonesia secured transactions totaling USD 8.45 million, equivalent to over Rp132.16 billion. The collaboration between the Directorate General of National Export Development and the Indonesian Embassy in Riyadh facilitated the participation of 10 domestic…
