Business News
FIFA U-17 World Cup Boosts Tourism in Surabaya
The FIFA U-17 World Cup, held from November 10 to December 2, 2023, serves as a significant opportunity for the Surabaya City Government in East Java to introduce its tourist destinations to the world. The youth football tournament has the potential to contribute to the local economy by attracting football…
Fore Coffee, Second Indonesian Coffee Brand That Opens Outlet in Singapore, Sells 3,000 Cups in the First Week
Fore Coffee, a local coffee startup in Indonesia, officially opened its first international outlet in Singapore on Thursday, November 9, 2023. This marks the establishment of the second local coffee brand in the lion city. The opening represents a historic achievement for the local brand in bringing the delightful culture…
Investment in Lampung Reaches IDR 7.9 Trillion in Q3
The Investment and Integrated One-Stop Service Agency (DPMPTSP) of Lampung Province records that the investment realization in the region has reached IDR 7.9 trillion until the third quarter of 2023. Yudhi Alfadri, the Head of DPMPTSP Lampung Province, stated, "The investment realization in Lampung until the third quarter totals IDR…
South Sumatra's Economy Grows by 5.08% in Q3-2023
The Central Statistics Agency (BPS) reports that the economic growth of South Sumatra (Sumsel) in the third quarter of 2023 reached 5.08% year-on-year (YoY). This growth is relatively higher than the national economic growth, which stood at 4.94%. Moh. Wahyu Yulianto, the Head of BPS Sumsel, explains that the economic…
