Business News
Minister of Trade Zulkifli Hasan Says Steel Exports Boost Indonesia's Trade Balance Surplus
Minister of Trade Zulkifli Hasan, also known as Zulhas, oversaw the export of eight containers of coated steel products from PT Tata Metal Lestari (Tatalogam Group) in Sadang, Purwakarta, West Java, to Australia, Canada, and Puerto Rico, valued at USD 808,262. Zulhas emphasized that this export initiative is a tangible…
Indonesia and Japan Strengthen Economic Cooperation Through International Forums and Strategic Agreements
Economic cooperation between Indonesia and Japan has been further strengthened through various international forums such as the Indo-Pacific Economic Framework for Prosperity (IPEF), the Indonesia-Japan Economic Partnership Agreement (IJEPA), and the ASEAN-Japan Comprehensive Economic Partnership Agreement (AJCEPA). At the end of 2023, Indonesian President Joko Widodo and Japanese Prime Minister…
Ministry of Tourism and Creative Economy Records 17 Million Foreign Tourist Visits to Bali
The Ministry of Tourism and Creative Economy (Kemenparekraf) highlights Bali as a significant contributor to Indonesia's international tourist arrivals, accounting for approximately 80% or around 17 million foreign visitors this year. Dwi Marhen Yono, Director of Tourism Marketing at Nusanatara Kemenparekraf, emphasized Bali's enduring appeal as a primary destination for…
Summer Surge: Italy Anticipates 75.6 Million Overnight Stays, EUR 18 Billion in July Tourism
Italy anticipates a robust tourism season in July 2024, with projections indicating 18.2 million arrivals and 75.6 million overnight stays in hotels and vacation rentals, marking a 1.5% and 1% increase respectively from July 2023. Foreign tourists are expected to reach nearly 10 million, up by 3.6% compared to the…
