Business News

Kemiri from Central Lombok Goes Global, Indonesia’s Exports Soar 350% to USD 9.58 Million

Global demand for candlenut (kemiri) has opened major opportunities for Indonesian farmers. According to Indonesia Eximbank (LPEI), Indonesia’s candlenut exports surged 350% year on year to reach USD 9.58 million. In terms of volume, the increase was even more dramatic — a 413 % rise, reaching 9,950 tons. The main…

Ministry of Trade: Mojokerto Sugar-Cane Molasses Product Reaches the Australian Market

The Kementerian Perdagangan (Ministry of Trade) announced that a business from Mojokerto, East Java, successfully carried out the first export of sugar-cane molasses to Australia, with a value of USD 10,000 (about IDR 166.5 million).  The ministry’s Director General for National Export Development, Fajarini Puntodewi, described this milestone as a…

Indonesia Expands Candlenut Exports, Ranks 13th Globally

Indonesia’s candlenut (kemiri) exports reached USD 4 million (IDR 64 billion), securing the country’s 13th position in global exports, contributing 0.5% of the world market. Recent trends show a remarkable increase, with exports surging to USD 9.58 million (IDR 153 billion), up 350% year-on-year, and volume rising 413% to 6,950…

Investment in Indonesia’s Special Economic Zones Hits IDR 314 Trillion, Up Nearly 30%

Investment in Indonesia’s 25 Special Economic Zones (KEK) continues to grow robustly, reaching IDR 314 trillion (USD 18.8 billion) by Q3 2025, reflecting a 29.5% increase from IDR 242.5 trillion in the same period last year. Rizal Edwin Manansang, Acting Secretary General of the National Council for KEK, highlighted this…
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