Business News

Up To USD 20.6 Million Worth of Transaction Recorded in Indonesian Coffee Expo

Indonesia's specialty coffee products generated transactions worth USD 20.6 million at the Specialty Coffee Expo (SCE) 2023 held in Portland, Oregon from April 21 to 23. The event is the largest specialty coffee exhibition in North America, attracting over 10,000 visitors annually. The Indonesian coffee producers and exporters that participated…

Indonesia's Manufacturing PMI Soars to Impressive Heights

According to a survey by S&P Global, Indonesia's manufacturing sector continues to expand, with the Purchasing Managers' Index (PMI) rising to 52.7 in April from 51.9 in March, mainly due to the increasing domestic demand. Minister of Industry Agus Gumiwang Kartasasmita stated that the manufacturing PMI is in expansion territory,…

Indonesia Exports 30,000 Tons of Steel to Italy Worth IDR 315 Billion

On April 28, 2023, Indonesia's Minister of Trade, Zulkifli Hasan, released 30,000 tons of steel owned by PT Krakatau Steel (Persero) Tbk at the Krakatau International Port (KIP) in Banten, which will be exported to Italy. The steel is worth IDR 315 billion and will be exported using the MV…

The Ministry of Maritime Affairs and Fisheries (KKP) Guarantees Fish Exported to the EU is Produced in a Sustainable Manner

The Indonesian Ministry of Marine Affairs and Fisheries has stated that its seafood products exported to the European Union are sourced from sustainable fishing and aquaculture practices. The country's fisheries are guided by the Sustainable Blue Economy policy, which includes implementing a quota-based approach to fishing to address overfishing and…
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