Business News
Investment and Integrated One-Stop Services Kota Batu Aims for IDR 840 Billion Investments in 2024
Kota Batu, renowned for its tourism, agriculture, and SME sectors, continues to allure visitors and investors alike. The escalating trend in annual investments reflects substantial growth, starting from IDR 393.7 billion in 2018, reaching IDR 1.8 trillion in 2019, IDR 928.4 billion in 2020, IDR 3.3 trillion in 2021, and…
Indonesia Achieves 44 Consecutive Months of Trade Surplus
In December 2023, Indonesia's trade balance demonstrated a surplus for the 44th consecutive month, as reported by the Central Statistics Agency (BPS). The period saw exports totaling USD 22.41 billion and imports at USD 19.11 billion, resulting in a trade surplus of USD 3.3 billion. Pudji Ismartini, Deputy for Distribution…
Manufacturing Sector Expected to Grow by 5.8% in 2024, Making Significant Contributions
The Minister of Industry, Agus Gumiwang Kartasasmita, expresses optimism about the manufacturing sector achieving a growth target of 5.8% in 2024 despite global geo-economic and geopolitical challenges. The manufacturing industry has been a vital contributor to Indonesia's economic growth, holding a prestigious position as one of the top 10 global…
Export in December 2023 Rises by 1.89%, Surpasses USD 22.41 Billion
In December 2023, Indonesia's export performance demonstrated a noteworthy increase, reaching USD 22.41 billion, marking a 1.89% rise compared to the previous month. The Deputy of Distribution and Service Statistics at BPS, Pudji Ismartini, highlighted this achievement during a press conference on the announcement of the December 2023 export-import data.…
