Business News
Targeting USD 2 Billion in Exports, 4,000 Culinary Businesses Aims to Spread Worldwide
The Indonesian government is setting its sights on culinary exports reaching USD 2 billion by distributing 4,000 Indonesian culinary businesses globally by 2024. Helson Siagian, an Expert Staff member at the Office of the President, stated that the Ministry of Tourism and Creative Economy (Kemenparekraf) has prepared a funding, training,…
Indonesia Successfully Secures Access to Export 660,000 Tons of Cassava to the UK
Indonesia and the UK have successfully finalized modifications to the UK's Tariff Rate Quota (TRQ) country-specific concession for Indonesian cassava products, especially after the UK's exit from the European Union (post-Brexit). As reported on kemendag.go.id, this agreement was confirmed during the Senior Official Meeting (SOM) of the World Trade Organization…
Bengkulu Records a Trade Surplus of USD 182.51 Million
The Central Statistics Agency (Badan Pusat Statistik) reported that the trade balance of Bengkulu Province from January to September 2023 experienced a surplus of USD 182.51 million. "The trade balance of Bengkulu Province in September 2023 recorded a surplus of USD 10.58 million. Meanwhile, the trade balance of Bengkulu Province…
Indonesia's Biscuit Exports Rise by 12% Despite Wheat Shortages
Amidst claims of European consumers shifting their grain consumption from wheat to rice due to tightening global supplies, this situation has not hindered the export prospects for processed grain-based products from Indonesia. The Acting Director of Export Development of Primary Products at the Ministry of Trade (Kemendag), Miftah Farid, explained…
