Business News
Boosting Value-Add in Marine Products, Ministry of Industry Establishes Fish Processing SME Hub
In Indonesia, the abundant marine fisheries resources offer significant potential for economic growth and job creation, with a particular focus on marine fish production. The fisheries sector encompasses a wide array of participants, including fishermen, harbor management, traders, transportation services, and small and medium-sized food processing industries (IKM). IKM plays…
Tourism Villages Can Serve as an Economic Powerhouse for Indonesia by Drawing in Tourists
The Indonesian Ministry of Tourism and Creative Economy, in partnership with the World Bank, has recommenced the "Sadar Wisata 5.0" campaign in six tourist villages within the Bromo-Tengger-Semeru region. This initiative, launched in 2022, aims to stimulate economic growth and employment opportunities through collaboration among these tourism-oriented villages. Florida Pardosi,…
June 2023 Sees Plantation Commodity Exports Worth IDR 58.45 Trillion.
The Indonesian government is actively promoting the development of the agriculture sector, particularly in the field of plantation crops, from upstream to downstream. This effort has led to increased export values in various commodities such as palm oil, coffee, cocoa, and others, reaching IDR 58.45 trillion by June 2023. To…
Investment in Nickel Smelter Industry in East Kalimantan Reaches IDR 36.5 Trillion
A nickel-based processing and refining (smelter) industry is set to be established in the cities of Balikpapan and the Kutai Kartanegara Regency, East Kalimantan Province, with a total investment value of IDR 36.5 trillion. The Deputy Governor of East Kalimantan, Hadi Mulyadi, stated in his announcement in Samarinda on Tuesday…