Business News
Japan Becomes the Largest Export Destination for West Nusa Tenggara (NTB), with Non-Oil and Gas Mining as the Main Commodity
In May 2024, West Nusa Tenggara (NTB) Province recorded a trade surplus of USD 404.14 million, attributed to a notable increase in exports compared to imports, as reported by the Central Statistics Agency (BPS). The total export value from NTB surged by 50% from April 2024, reaching USD 503.02 million.…
The Minister of Tourism and Creative Economy is Optimistic that Tourism Investment Will Increase Along with the Rise of Indonesia's TTDI Ranking
The Minister of Tourism and Creative Economy/Head of the Tourism and Creative Economy Agency (Menparekraf/Kabaparekraf) Sandiaga Salahuddin Uno anticipates that Indonesia's improved ranking in the Travel and Tourism Development Index (TTDI) 2024 will stimulate increased domestic investments, particularly in the tourism and creative economy sectors. At the "Appreciation of the…
Indonesia's Trade Balance Continues Positive Trend, Achieves 49 Consecutive Months of Surplus
The government continues to strengthen efforts to boost national exports, notably through the establishment of the National Export Enhancement Task Force (Satgas) on September 20, 2023. Amid the current global economic conditions, Indonesia's export performance remains robust, with exports reaching USD 22.33 billion in May 2024, marking a 13.82% month-to-month…
Indonesian Export Performance Remains Strong Amid Global Economic Slowdown
Indonesia's trade balance has recorded a surplus for 49 consecutive months up to May 2024. The Central Statistics Agency (BPS) reported a trade balance surplus of USD 2.93 billion in May 2024, up from USD 2.72 billion the previous month. "Indonesia's trade balance continues its 49-month surplus streak, driven by…
