Business News
The economy of Riau grew by 4.21%, contributing 5.00 % to the national economy.
In 2023, Riau's economy, measured by its Gross Regional Domestic Product (GRDP), grew by 4.21%, experiencing a slight slowdown from the 4.55% growth in 2022. Despite this, Riau remains the sixth-largest province in Indonesia by GRDP and the second-largest outside of Java. The province contributed 5.00% to the national economy…
The Minister of Tourism and Creative Economy is collaborating with the Indonesian Ulema Council (MUI) to develop the halal tourism economy.
The Minister of Tourism and Creative Economy/Head of the Tourism and Creative Economy Agency (Menparekraf/Kabaparekraf) Sandiaga Salahuddin Uno has collaborated with the Indonesian Ulema Council (MUI) in the development and enhancement of halal tourism and the halal creative economy. The signing of this cooperation agreement signifies a synergy to advance…
Sicily's Exports Achieved a Record Growth Between 2019 and 2022, Soaring By +77%
Despite lagging behind in key socio-economic metrics such as international openness, investments, employment gaps, and infrastructure deficits, Sicily demonstrates considerable dynamism post-COVID. Export has been a cornerstone of this success, propelling the region to the second position in Italy for growth rate during the 2019-2022 period (+77.0% compared to the…
Indonesia's International Investment Position (IIP) Breached USD 260.3 Billion in the Fourth Quarter of 2023
Indonesia's International Investment Position (IIP) in the fourth quarter of 2023 saw an increase in net liabilities, as reported by Bank Indonesia. At the end of Q4 2023, Indonesia's IIP recorded a net liability of USD 260.3 billion, up from USD 251.9 billion in the previous quarter of Q3 2023.…
