Two Indonesian Airports Among 100 Best in the World

Skytrax World Airport Awards 2023-2024, released the 100 best airports in the world. The data contains two Indonesian airports that are included in the ranks of the best airports, namely Soekarno-Hatta Airport (Soetta) Jakarta and I Gusti Ngurah Rai Bali. Quoted from the official upload of the Instagram account of the Ministry of Transportation (Kemenhub) @kemenhub151 which was marked by the Ministry of  Tourism @kemenpar.ri, Soetta Airport is in the 28th best position from 2023 in 43rd place.

Meanwhile, I Gusti Ngurah Rai Bali is in 74th position in 2024 from the 80 best airports in the world in 2023. The entry of these two Indonesian airports is based on several factors given to customers.

“This warning is determined through voting by air travelers worldwide in the Skytrax World Airport Awards which assesses the passenger experience from check-in to departure,” wrote the Instagram account, @kemenpar.ri, quoted Sunday (2/2/2025).

The assessment factors include facilities, comfort, cleanliness, and customer service. In the upload, good service will invite foreign tourists to come to Indonesia.

“Good travel services will attract tourists to come and experience a safe, comfortable, and enjoyable tourist experience,” he concluded.

Meanwhile, in first place, the world’s best airport is occupied by Doha Hamad Qatar which in 2023 will be in 2nd place. While in 2nd place is Singapore Changi Airport which was previously in first place in 2023. Then in 3rd place is Seoul Incheon Airport, followed by Tokyo Haneda in 4th place, and Tokyo Narita in 5th place. This is a good development for the aviation and tourism sectors of Indonesia so that it can increase foreign tourist visits to Indonesia and increase state revenue.

February 2, 2025, detikFinance

(https://finance.detik.com/infrastruktur/d-7759242/top-dua-bandara-ri-masuk-100-terbaik-di-dunia)

Malaysia Makes Indonesia an Investment Paradise, Capital Inflow Breaks Record

Investment from Malaysia has increased drastically in the last five years, both in terms of the number of projects. Data from the Investment Coordinating Board (BKPM) shows that the realization of Foreign Investment (PMA) in 2024 reached IDR 900.2 trillion or equivalent to 52.5% of the total investment last year (IDR 1,714.2 trillion). Of the five countries with the largest PMA realization, Malaysia stole the attention with a significant spike compared to previous years. However, which sector received the most funds?

Data from the Ministry of Investment of the Investment Coordinating Board (BKPM) shows that Singapore still leads as the largest investor with an investment value of US$ 20.1 billion, followed by Hong Kong US$ 8.2 billion, China, Malaysia, and the United States. These five countries control the majority of foreign capital flows entering Indonesia throughout the year.

Sectorally, investment from these countries mostly flows into the basic metal industry, metal goods, not machinery and equipment, followed by the paper and printing industry, mining, food industry, and other services. This trend shows that downstreaming is still a favorite for global investors, along with government policies that encourage added value domestically.

Malaysia has experienced extraordinary investment growth in the past five years. In 2020, Malaysia’s investment realization in Indonesia was still at US$ 1.045 billion, then skyrocketed to US$ 1.36 billion in 2021, then doubled to US$ 3.3 billion in 2022. This trend continued to climb in 2023 with US$ 4.1 billion and reached US$ 4.2 billion in 2024. If using the 2024 APBN exchange rate as used by BKPM (US$ 1 = IDR 15,000), Malaysia’s investment in 2024 reached IDR 63 trillion. This figure is the highest ever recorded by BKPM. When compared to 2020 or five years ago, Malaysian investment in Indonesia jumped 302%.

In terms of the number of projects, Malaysia has also experienced a significant increase. If in 2020 the number of projects worked on was only 3,283 projects, in 2024 it will reach 6,554 projects. This means that in addition to increasing investment value, project distribution is also wider and involves more sectors. Malaysia focuses on the basic metal, mining, and paper and printing industries. This is in line with the needs of the industry in Malaysia which requires a stronger supply of raw materials and production infrastructure.

Malaysia has proven its commitment as one of the largest investors in Indonesia, with consistent growth in the past five years. With an investment value of US$ 4.2 billion and more than 6,500 projects in 2024, Malaysia’s presence is increasingly felt in various industrial sectors. The challenge now lies in Indonesia’s hands: how to maximize this capital flow so that it not only benefits investors but also encourages sustainable and highly competitive economic growth.

January 31, 2025, CNBC Indonesia

(https://www.cnbcindonesia.com/research/20250131121307-128-606953/malaysia-jadikan-ri-surga-investasi-guyuran-modal-tembus-rekor)

Prabowo Inaugurates Jawa-1 Gas Plant, Largest in ASEAN

President Prabowo Subianto inaugurated the Java-1 Steam Gas Power Plant or PLTGU which is integrated with FSRU owned by Pertamina and strategic partners along with dozens of other strategic electricity projects in West Java, Monday (20/1/2025). On that occasion, Prabowo targeted energy independence in the next five years and was optimistic that Indonesia would not only become an independent country but also become one of the main players in the global energy transformation.

Vice President of Corporate Communication Pertamina Fadjar Djoko Santoso said that the Java 1 PLTGU which is managed by PT Jawa Satu Power, a consortium company of Pertamina New & Renewable Energy (Pertamina NRE) subholding together with Marubeni and Sojitz is a manifestation of downstreaming and energy transformation according to the Asta Cita of the Government of President Prabowo Subianto in the 100-day work program and the direction of the Ministry of SOEs.

“The Java-1 PLTGU has a capacity of 1,760 MW and is the largest in Southeast Asia, equipped with sophisticated technology that has added value in operational, financial, and environmental aspects to support energy security, especially in the Java-Bali area,” said Fadjar in his statement, Tuesday (1/28/2025).

Fadjar explained that this PLTGU is equipped with LNG storage and regasification facilities located on a floating ship or also called the Floating Storage Regasification Unit (FSRU). The Java-1 PLTGU also uses single-shaft combined cycle gas turbine (CCGT) technology, the latest generation that helps it operate more efficiently and save electricity production costs.

“The technology used has a faster power increase feature, playing an important role in supporting the electricity network located in Cilamaya, Karawang as a reliable frequency stabilizer, ensuring a stable electricity supply when there are power fluctuations on the network,” he added.

According to him, this also has a direct impact on the benefits of the community, especially in reducing the potential for electricity loss on transmission lines in the process of sending electricity to industrial areas and the community. Moreover, this power plant is strategically located, namely in the center of the Java-Bali electricity load area. In addition, this power plant also has black start capability technology that allows for self-start up, so that the waiting period for the synchronization process during recovery in the event of a power outage will be faster.

In line with efforts to reduce carbon emissions from the electricity sector, the Java-1 PLTGU is projected to reduce carbon emissions by 3.3 million tons of CO2 equivalent per year. The operation of the Java-1 PLTGU is an important achievement point as well as adding to the clean energy utilization portfolio in Pertamina’s business. Natural gas plays a very strategic role in the energy transition period and supports national energy security.

The Java-1 PLTGU is also one of the important milestones created by the synergy of BUMN and international partners, who have a high commitment to jointly realize the transition to clean energy in Indonesia. Pertamina as a leading company in the energy transition sector, is committed to supporting the 2060 Net Zero Emission target by continuing to encourage programs that have a direct impact on achieving the Sustainable Development Goals (SDGs). All of these efforts are in line with the implementation of Environmental, Social & Governance (ESG) across all of Pertamina’s business lines and operations.

January 28, 2025, CNBC Indonesia

(https://www.cnbcindonesia.com/news/20250128092415-4-606260/prabowo-resmikan-pembangkit-gas-jawa-1-terbesar-di-asean)

Indonesia Accelerates Economic Cooperation with India

The Government of the Republic of Indonesia and the Government of the Republic of India have agreed to strengthen cooperation in various fields, from health to culture. The agreement was reached after a meeting between Indonesian President Prabowo Subianto and Indian Prime Minister Narendra Modi and was conveyed in a press statement at Hyderabad House, New Delhi, Saturday (25/1/2025). Starting the press statement, Prabowo greeted Modi with the greeting “My Good Brother”. He also thanked Modi for his extraordinary welcome to his first visit to India as President of the Republic of Indonesia.

“We discussed very intensively and very openly. We discussed many key sectors,” Prabowo said in English. Also present at the meeting were a number of ministers who are members of the cabinets of the two governments. As a follow-up to the cooperation between the two countries, Prabowo gave directions to the ranks of ministers to accelerate the process and cut regulations that could hinder.

“We must accelerate and accelerate economic cooperation with India. We will prioritize this cooperation in the context of the long-term relationship between the two countries,” said Prabowo.

On the same occasion, Prabowo admitted that he was proud to be the Chief Guest of the Republic Day Parade which will be held on Sunday (26/1/2025). Because the previous Chief Guest from Indonesia was President Sukarno at the Republic Day Parade in 1950.

“This is a source of pride for me,” said Prabowo.

Furthermore, Prabowo congratulated Modi and the Indian people on the 76th Republic Day. May prosperity and success always accompany India, a country that has long supported Indonesia.

“India is one of the biggest supporters of our independence. India provides a lot of financial assistance, health assistance, many Indian leaders support us in critical times. Indonesia will never forget this support,” said Prabowo.

Before delivering a press statement, Prabowo and Modi witnessed the exchange of memorandums of understanding (MoU) between the governments of the two countries.

“In our discussions in the fields of trade, investment, tourism, health, energy, security cooperation, AI (artificial intelligence), digital IT, energy, we agreed to strengthen this cooperation,” said Prabowo.

At that moment, there were five cooperation documents that had been agreed upon by the two countries. The cooperation that has been agreed by Indonesia and India includes: 1. MoU on Health Cooperation between the Indonesian Ministry of Health and the Ministry of Health and Family Welfare of the Republic of India; 2. MoU between the Food and Drug Administration of the Republic of Indonesia and the Pharmacopoeia Commission for Indian Medicines and Homoeopathy of the Ministry of Ayush of the Republic of India on Cooperation in the Field of Quality Assurance of Traditional Medicines; 3. MoU between the Ministry of Communication and Digital of the Republic of Indonesia and the Ministry of Electronics and Information Technology of the Republic of India on Cooperation in the field of Digital Development; 4. MoU between the Maritime Security Agency of the Republic of Indonesia and the Coast Guard on Cooperation in Maritime Safety and Security; and 5. Cultural Exchange Program between the Ministry of Culture of the Republic of Indonesia and the Ministry of Culture of the Republic of India for the Period 2025 – 2028.

January 25, 2025, CNBC Indonesia

(https://www.cnbcindonesia.com/news/20250125155631-4-605959/prabowo-indonesia-harus-percepat-kerja-sama-ekonomi-dengan-india)

Minister of Trade: Indonesian Furniture Exports Reach IDR 36 Trillion

Minister of Trade Budi Santoso revealed that Indonesia is the 19th largest supplier of furniture and crafts in the world. The export trend of furniture and crafts in January-November reached US$ 2.22 billion or equivalent to IDR 36 trillion. This was revealed at the launch of the International Furniture and Craft Fair Indonesia (IFFINA) 2025, at the Ministry of Trade, Thursday (1/23/2025).

“The export value of furniture and crafts in Indonesia from January to November 2024 reached US$ 2.22 billion with the main destination countries being the United States, Japan, the Netherlands, Germany, and Belgium,” said Budi.

The growth trend of Indonesian furniture and crafts in 2023 reached US$ 2.46 billion with an annual growth trend of 2.62% in the last 5 years. According to Budi, world demand for furniture and crafts is still quite promising, where the world demand trend continues to grow positively by 15.09%.

“Specifically for furniture products, the global market size reached US$ 770.42 billion in 2024 and is projected to reach US$ 925.46 billion in 2029,” he explained.

On the same occasion, the Indonesian Furniture and Craft Industry Association (ASMINDO) said that in 2024, the furniture industry again contributed positive value to the national economy, especially in the export sector, increasing by 4.7% compared to 2023.

Starting from this optimism, Asmindo will again hold an annual event for furniture and design industry players, namely IFFINA 2025. This year’s IFFINA event will be presented differently from before by raising the theme “A Showcase of Indonesia’s Finest Furniture and Homedecor”, which of course is expected to present the best products from the furniture, craft, design, and homedecor industries.

For this reason, IFFINA+ is here with the aim of meeting the needs of the domestic and international markets, supporting export growth, while opening up great opportunities for the project sector in Indonesia.

“The hope of business actors is that the government can provide incentives to attract investors to build factories that are able to produce mass products and supporting raw materials such as hinges and drawer rails in Indonesia, so that technology transfer can occur. Thus, together we can support the growth of the national furniture industry,” said Dedy.

January 23, 2025, detikFinance

(https://finance.detik.com/industri/d-7745991/mendag-ungkap-ekspor-mebel-ri-tembus-rp-36-t)

Downstreaming Becomes Prerequisite for Industrial Sector Towards Golden Indonesia 2045

Indonesia continues to move forward in optimizing the potential of its natural resources as evidenced by the downstream mining industry program. Until 2024, this program has had a significant impact in building a national economy based on added value that focuses on copper, bauxite, and silica sand commodities. If carried out and realized in accordance with the existing investment plan, downstreaming will be a prerequisite for the processing industry sector to support the achievement of Indonesia Emas 2045. Downstreaming of the mining industry, especially copper, bauxite, and silica sand, was initially carried out through the construction of copper and bauxite smelters, as well as the development of products made from silica sand.

This statement was expressed in research by the Faculty of Economics and Business, University of Indonesia (FEB UI) entitled “Study of the Impact of Mining Industry Downstreaming on the Economy, Social, and Environment: Copper, Bauxite, and Silica Sand”.

Deputy Head of the Center for Sharia Economics and Business, Faculty of Economics and Business, University of Indonesia (PEBS FEB UI) Nur Kholis said that the requirement for the processing industry sector to be able to support the achievement of Indonesia Emas 2045 is the use of products from smelter processing. The product can be downstreamed again as input in the development of products that have higher added value domestically to the final product.

Downstreaming has enabled Indonesia to no longer just export raw materials. Value-added products such as copper cathodes, alumina, and silica sand-based products such as glass and ceramics, and in the future solar panels and semiconductors are now starting to be produced domestically. This is a strategic step to strengthen the national industrial structure and open up new economic opportunities. Indonesia cannot continue to rely on exports of raw materials and imports of intermediate goods from abroad. Downstreaming is Indonesia’s path to economic independence.

“By increasing investment in order to produce value-added products domestically, we create jobs, increase people’s income, and ensure that our natural resources truly provide maximum benefits for the nation,” said Nur Kholis in his official statement, Wednesday (15/1/2025).

In addition, Nur Kholis explained, the impact of the downstreaming of copper, bauxite, and silica sand has begun to be felt in areas such as Gresik Regency (East Java), Mempawah Regency (West Kalimantan), and Batang Regency (Central Java), where the construction of smelters has become the driving force of the local economy. In addition to increasing Gross Regional Domestic Product (GRDP) and regional income, this policy has also created thousands of jobs, both directly and indirectly.

However, downstreaming also faces challenges such as limited infrastructure and technology, limited skilled workers, fluctuating market demand, and negative impacts on the environment. According to him, the government needs to take a number of strategic steps to face these challenges. For example, human resource development, research and development of technology, application of environmentally friendly technology, product diversification, and strengthening international cooperation.

“Downstreaming of the mining industry, especially copper, bauxite, and silica sand also needs to continue to be encouraged to apply environmentally friendly technology in all mining mineral processing facilities. Effective waste management must be an integrated part of the implementation of downstreaming,” he said.

January 15, 2025, CNCB Indonesia(https://www.cnbcindonesia.com/news/20250115200002-4-603501/hilirisasi-jadi-prasyarat-sektor-industri-menuju-indonesia-emas-2045)

Apple Builds AirTag Factory in Batam for IDR 16 Trillion Operating in February 2026

American technology giant Apple is investing in Indonesia by building an AirTag factory in Batam worth US$ 1 billion or IDR 16 trillion. The plan is for the factory to start operating in February 2026. This was conveyed by the Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani at the Semangat Awal Tahun 2025 event. Apple has purchased land to build the factory.

“On the investment side, we have succeeded in convincing them (Apple) to stay in Batam. The land has been purchased, shown to us, and cut and fill has been done to start construction. It is hoped that in early 2026, in February it will be ready for AirTag (production),” said Rosan at Menara Global, South Jakarta, Wednesday (15/1/2025).

AirTag is one of Apple’s products. Rosan emphasized that the steps to build the AirTag vendor factory are only the initial stages. He hopes that other vendors will also enter Indonesia.

“We want other vendors, like many vendors at Apple in other countries. As I said earlier, in Vietnam there are more than 35-36 vendors. In Malaysia, Thailand more than 25-26 vendors, so this is what we also want to do,” he said.

The start of construction of the AirTag factory in Batam, according to Rosan, is a sign that Apple is investing in Indonesia. Construction is still ongoing to this day. The hope is that investment entering Indonesia can continue to increase. Because the value of this investment is actually still much smaller than the neighboring country, Vietnam, which reaches hundreds of trillions.

“So that the initial investment of US$ 1 billion then increases gradually to US$ 3 billion, US$ 5 billion, and the target of US$ 10 billion can be achieved,” he said.

Rosan added that this new factory will supply 65% ​​of Apple’s AirTag needs worldwide. This factory will also create jobs for up to 2,000 people.

January 15, 2025, detikFinance

(https://finance.detik.com/industri/d-7733697/apple-bangun-pabrik-airtag-di-batam-rp-16-t-beroperasi-februari-2026)

Japan-Indonesia Agree on Several Cooperation Agreements

Japan has agreed to a number of agreements with Indonesia, including assisting President Prabowo’s Free Nutritious Food Program (MBG). This was agreed upon during a meeting between Prabowo and Japanese Prime Minister Ishiba Shigeru at the Bogor Palace, Saturday (11/1/2025).

“We invite Japan to participate in the program that we have initiated towards Indonesia’s industrialization, especially in the downstream sector and they are also interested in assisting in the field of nutritious food,” Prabowo said as quoted from the Presidential Secretariat’s live broadcast on YouTube.

Prabowo said that Japan has 80 years of experience in providing nutritious food. He said that Japan offered the initiative to help make MBG a success through training and so on. Meanwhile, Ishiba offered a cooperation package to accommodate Prabowo’s great desire to provide highly nutritious lunches for children in Indonesia.

“We, Japan, will organize a cooperation package including training for school lunch providers, sending experts, and assistance in improving the fisheries and agriculture sectors by utilizing various experiences of Japan,” said Ishiba.

In addition, Japan and Indonesia also agreed to a number of agreements in various fields. Among others, in the field of defense, Japan and Indonesia agreed to form a discussion forum at the level of defense practitioners regarding the guarantee of maritime security of the two countries. Including cooperation for defense equipment, technology transfer. and so on. Japan also agreed to provide high-speed patrol boats, an agreement has been reached, the provision of high-speed boats through Japan’s Official Security Assistance (OSA) program. Japan and Indonesia also agreed to hold 2 plus 2 as a meeting of the Minister of Foreign Affairs and the Minister of Defense. This is a form of increasing strategic dialogue between the two countries.

In the economic sector, it has been agreed to increase cooperation on stable energy supplies. Namely, cooperation in the field of energy decarbonization and the field of critical mineral mining such as PLTP, Muara Laboh, under the Asia Zero Emission Community (AZEC). As well as cooperation for hydrogen, ammonia, biomobil, and so on. In addition, Ishiba stated that he also wanted to encourage cooperation in the fields of resources and infrastructure to maintain energy security and decarbonization through various channels. In the field of disaster management, Japan and Indonesia reached various agreements for volcanic disaster management. Because, both countries are countries that face the risk of natural disasters.

“In my opinion, this meeting is an important and very valuable opportunity to move forward one step towards further improving relations between Japan and Indonesia. And I myself want to continue to try proactively to deepen relations between the two countries, Indonesia and Japan,” said Ishiba.

On that occasion, he also invited Prabowo to attend the 2025 World Expo in Osaka, Kansai which will start on April 13, 2025.

January 11, 2025, CNBC Indonesia

(https://www.cnbcindonesia.com/news/20250111133748-4-602453/deal-jepang-ri-sepakati-sejumlah-kerja-sama-ada-makan-bergizi-gratis)

Indonesia and the Challenges of Realizing Inclusive Tourism

The General Chairperson of the Indonesian Tourism Intellectuals Association, Professor Azril Azhari, explained that Indonesia began to initiate the concept of disability-friendly tourism since 2021. Meanwhile, the world had previously known the term Accessible Tourism (AT) in 2019 through the United Nations Tourism Organization (UNWTO) and The ONCE Foundation. According to Azril, the term “disability-friendly tourism” is actually less popular globally because the term Accessible Tourism is more commonly used and has a meaning that is closely related to Tourism for All. WHO data (2023) states that 1.3 billion people or around 16% of the world’s population have significant disabilities.

“This means that accessibility for all tourism facilities, products, and services must be a major part of every sustainable tourism policy,” said Azril in a conversation with detikTravel, Wednesday (18/12/2024).

However, he admitted that in Indonesia, the implementation of disability-friendly tourism is still partial. Only in toilets, parking lots, or ramps, so it has not become a single destination. The Importance of Certification and Implementation of Inclusive Principles: Certification has two main types, namely business certification and professional certification for business actors. Both are very important to determine the feasibility of a destination and the competence of its business actors, especially in adopting the concept of Accessible Tourism. He also emphasized that the term “disability-friendly” tends to represent additional services (extended services). On the contrary, Accessible Tourism is a basic criterion that is a basic need for every tourist with special needs.

“To achieve inclusive tourism, Indonesia must adopt universal principles that are international standards. This includes physical accessibility such as ramps and lifts, sensory accessibility such as voice-based information, and cognitive accessibility that is easy for people with disabilities to understand,” said Azril.

Examples and Challenges in Implementation: Several destinations such as Bali and Yogyakarta have adopted universal design principles, such as wheelchair-accessible beaches or facilities at the Temple. Mentawai Island has even provided a surfing experience that can be enjoyed by people with disabilities. However, Azril highlighted that its implementation is still limited.

“We face a big challenge in the form of a lack of understanding from business actors and local governments and the absence of initiators or facilitators who are able to drive the concept of Accessible Tourism. In fact, the tourism market opportunity is very large, with an economic impact of $ 58.7 billion per year (PR Newswire, 2020),” he said.

The importance of developing inclusive destinations to support Indonesian tourism. He also added that the presence of skilled workers from among the disabled can be a unique attraction that enriches the sector.

“However, the main goal remains the development of destinations that adopt universal standard principles to serve tourists with special needs,” said Azril.

Indonesia has a great opportunity to become a pioneer in Accessible Tourism in Southeast Asia. With a deep understanding, adequate certification, adoption of technology, and community involvement, Indonesia can create inclusive destinations that not only have an economic impact but also strengthen human values.

January 09, 2025, detikTravel(https://travel.detik.com/travel-news/d-7724798/indonesia-dan-tantangan-mewujudkan-pariwisata-inklusif)

Indonesian Swallow Nest Sells Well in the World

Deputy Minister of Agriculture (Wamentan) Sudaryono has set an ambitious target for Swallow Nest exports. The reason is that the potential for swallow nest production is very promising. For this reason, he appealed for swallow nest cultivation to be increasingly looked at. Thus, it can become an economic strength for farmer families and strengthen national exports.

He conveyed this when reviewing the Processing Bird House at PT Surya Aviesta, Surabaya, East Java, Tuesday, (7/1/2025). The government, he added, will provide support for farmers who want to develop Swallow Nest cultivation.

“Of course, this is an extraordinary potential that can be utilized by our community, and I think it’s worth a try. Why? Because of the 100 percent of the world’s Swallow Nest supply, 60 percent of it comes from Indonesia. The export value is almost IDR 10 trillion per year,” said Sudaryono in an official statement, Wednesday (8/1/2025).

He also targeted that Indonesia’s export contribution to the world’s Swallow Nest market could increase by more than 60 percent, with a target of reaching 63 to 65 percent.

“The Swallow’s Nest industry has great potential. Because if Indonesia has supplied 60 percent of the world’s supply, we are sure it can increase further. So that Indonesian swallow’s nests can dominate the world’s export market. Just by preparing a place for swallows to nest, farmers can earn quite a large income. The price of swallow’s nests reaching tens of millions of rupiah per kilogram can strengthen the family economy,” he said.

For information, the Indonesian Minister of Trade Muhammad Luthfi in 2021 once said that Indonesia is one of the largest Swallow’s Nest producing countries in the world. Swallow’s Nest is known as a luxury commodity that has various health benefits, including increasing immunity, improving organ function, and preventing aging.

In CNBC Indonesia’s records, the export value of Indonesian Swallow’s Nest continues to show a significant upward trend. In 2020, exports of swallow’s nest reached US$540.4 million, an increase of 48.5% compared to 2019. The volume of Indonesian bird’s nest exports in 2023 reached 1,335 tons with a value of US$633.25 million or equivalent to IDR 9.81 trillion (US$1 = IDR 15,945, October 2024). Using this exchange rate, 1 kg of Indonesian bird’s nest is valued at IDR 7.35 million. China, Hong Kong, and Singapore are the main markets for Indonesian Swallow’s Nest. For example, in 2023, exports to Hong Kong were recorded at 630.9 tons with a value of US$77.137 million, while exports to Singapore reached 36 tons with a value of US$17.588 million.

Sudaryono promised that if there are regulations that hinder, including for the export of Swallow’s Nest, the government is ready to accelerate and simplify the process.

“From the government’s side, we want to increase export volume, simplify regulations so that entrepreneurs and the public are more enthusiastic. The President’s determination is clear, we want food self-sufficiency, reduce imports, and increase exports,” said Sudaryono.

January 08, 2025, CNBC Indonesia

(https://www.cnbcindonesia.com/news/20250108163957-4-601707/sarang-burung-walet-ri-laku-keras-di-dunia-begini-ambisi-wamentan)