Business News
Green Investment In Indonesia To Receive Significant Boost
Indonesia has successfully become an official partner country at the Hannover Messe 2023, the world's largest technology exhibition. The country has attracted investments worth over IDR 30 trillion, including commitments from MARS-ENVOTEC, a technology company from Singapore and Germany, to recycle plastic and food waste. The company will build a…
OECD Projects Indonesia's Economy to Grow 4.7% in 2023
The Organisation for Economic Co-operation and Development (OECD) has projected that Indonesia's economic growth will slow from 5.3% in 2022 to 4.7% in 2023. This projection is more pessimistic than the forecasts of the World Bank and the International Monetary Fund (IMF). The OECD also predicts that global economic conditions…
The largest increase in East Java Non-Oil and Gas Exports in Various Precious Metal Goods in March 2023
In March 2023, the Central Statistics Agency (BPS) of East Java recorded the largest increases and decreases in non-oil and gas exports for several HS 2-digit product groups compared to February 2023. Various Base Metal Goods (HS 83) experienced the largest increase of USD 83.77 million, followed by Copper (HS…
MSMEs contribute to economic growth in the tourism sector in Papua
Matias Benoni Mano, the Head of the Jayapura City Tourism Office, stated that micro, small, and medium enterprises (MSMEs) play an essential role in the growth of the tourism sector's economy. MSMEs' contribution to the culinary sector in Jayapura City in 2022 reached 121%, exceeding the target of 100%, based…
