Business News
Advancing Fishery Implementation in Papua with Enhanced Logistic Ecosystem
The implementation of Measured Fish Capture (PIT) in Papua receives a boost from a robust logistic ecosystem. The Ministry of Maritime Affairs and Fisheries (KKP) recently soft-launched the ecosystem for fishery results in Zone II, the Biak-Surabaya corridor. This ecosystem-based management aims to streamline the supply chain of fishery products…
A Success Story from Ciamis Building a Wood Business and Exporting to 17 Countries
Yudi Eko Santosa's determination, perseverance, and willingness to take risks have led to the success of his wood processing business. Exiting his job after 17 years of service with Perhutani, Yudi founded PT Kaytama Sentra Delta in Ciamis, West Java. Under this banner, Indonesian wood products have penetrated the export…
Tourism: Foreigners Spend EUR 13.8 Billion in Bars and Restaurants
The recovery of foreign tourism is boosting spending in public establishments. In the past year, the over EUR 65 million foreigners who visited Italy spent an average of over EUR 212 per person on breakfasts, lunches, dinners, and drinks, totaling over EUR 13.8 billion, the highest amount since 2019. This…
Downstream Projects Aid East Java Investments to Reach IDR 145 Trillion
The cumulative investment realization in East Java (Jatim) for 2023 reached IDR 145.1 trillion, driven by increased foreign direct investment (FDI) and domestic direct investment (DDI) in the region. According to data released by Bahlil Lahadalia, the Minister of Investment/Head of the Indonesia Investment Coordinating Board (BKPM), on January 24,…
