Business News
Tourism Foreign Exchange Realization Surpasses USD 14 Billion
Minister of Tourism and Creative Economy Sandiaga Salahuddin Uno presented the Ministry's Key Performance Indicators (KPIs) for 2023. The tourism sector's foreign exchange earnings reached USD 14 billion, significantly surpassing the target. Sandiaga emphasized that the data is provisional and subject to change. Additionally, the export value of creative economy…
In Driving Inclusive Economic Growth, Indonesia Actively Maintains Stability in the Indo-Pacific Region
To support the realization of Indonesia Emas 2045 vision, the government has initiated economic transformation strategies, emphasizing inclusive growth as a key direction. One of the policy strategies pursued to promote inclusive economic growth is through international cooperation. Indonesia has actively influenced global economic directions by participating in various international…
The Indonesia-East Timor Business Forum Promotes Bilateral Trade
The Indonesia-Timor-Leste Business and Investment Forum convened to address various export and import issues between the two nations, as stated by the Indonesian Ambassador to Timor-Leste, Okto Dorinus Manek. Ambassador Manek highlighted the significant export potential of Oikos, a Special Administrative Region of Timor surrounded by Indonesian territory, which offers…
IFII Boosts Wood Processed Exports to the Middle East
Wood panel manufacturer PT Indonesia Fibreboard Industry Tbk (IFII) anticipates challenges in exporting processed wood products this year despite maintaining a positive outlook. IFII's corporate secretary, Evan Kristian, attributed potential export slowdowns to ongoing global uncertainties, noting subdued demand in various export destinations, such as Japan, due to its sluggish…
