Business News

Indonesian Tourism Shows Signs of Recovery as Foreign Tourist Numbers Surge in February 2024

The Central Statistics Agency (BPS) reported a total of 1.04 million foreign tourists visiting Indonesia in February 2024, marking an 11.67% increase compared to January 2024. Acting Head of BPS, Amalia Adininggar Widyasanti, stated in a press conference in Jakarta on Monday (1/4/2024) that this surge followed a decline in…

In February 2024, Foreign Trade Surplus Reaches USD 410.48 Million

The Central Statistics Agency (BPS) of Central Kalimantan Province has reported a trade surplus for the region in February 2024 amounting to USD 410.48 million. This was announced by the Head of BPS Central Kalimantan, Eko Marsoro, in an Official Statistical News Release on Monday, April 1, 2024. According to…

Amid Domestic Market Challenges, TAYS Expands into Export Markets

PT Jaya Swarasa Agung Tbk, also known as Tays Bakers (IDX: TAYS), an Indonesian healthy snack producer, encountered challenges in 2023 amid market difficulties, resulting in a correction in its performance. The net sales declined from IDR 332.02 billion in 2022 to IDR 255.59 billion in 2023. Despite the sluggish…

The Economic Growth of Nagan Raya District Reaches 7.57%, Highest in Aceh

The Central Statistics Agency of the Republic of Indonesia (BPS RI) has released economic growth data for Aceh in 2023, indicating a notable growth rate in Nagan Raya District at 7.57%. This surpasses both the national average growth rate of 5.05% and the provincial growth rate of 4.23%. Sardi, the…
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