Business News
Trade Minister Zulkifli Hasan Boosts Indonesia's Global Presence with 30,000 Metric Ton Steel Export to Italy
Indonesia's Minister of Trade, Zulkifli Hasan, has announced the export of 30,000 metric tons of hot rolled coil steel produced by PT Krakatau Steel to Italy. The release of this export strengthens Indonesia's position in the global steel sector, with steel exports now ranking third among Indonesia's leading exports after…
Indonesian Agriculture Sector Is Improving, Research Suggests
According to the Index of SME Businesses for Q1-2023 and Expectations for Q2-2023 by PT Bank Rakyat Indonesia (Persero) Tbk, small and medium-sized enterprises (SMEs) in Indonesia are still thriving in Q2-2023, with an expansion in business continuing. The factors driving this expansion include a return to normalcy after the…
Foreign Tourist Visits to Indonesia Increased by 15.39% in March 2023
According to the Central Statistics Agency (BPS), the number of foreign tourists (wisman) visiting Indonesia in March 2023 reached 809,960 or an increase of 15.39% compared to the previous month. Compared to the same month in 2022, this figure increased by 470.37%, indicating that the recovery of the tourism sector…
Foreign Investors Flock to Indonesian Market as Economic Fundamentals Improve
The influx of foreign funds into Indonesia's stock and bond markets is due to improving domestic economic fundamentals and the strong performance of large-cap companies. According to Nicodemus Anggi of Research and Consulting Infovesta Utama, foreign investment in the stock market is supported by the improving fundamental performance of large-cap…
