Business News
Luwu Utara Prepares 300 Hectares for Banana Planting Program to Boost Exports
Bupati (Regent) of Luwu Utara, Indah Putri Indriani, has allocated 300 hectares of land to support the South Sulawesi Provincial Government's banana cultivation program, aiming to enhance exports. The initiative aligns with the Gerakan Gemar Menanam Pisang (G2MP) or the Banana Cultivation Movement. The South Sulawesi Provincial Government targets utilizing…
Sulawesi Tengah Records Remarkable Increase in 2023 Dry-Harvested Rice Production
The Provincial Government of Central Sulawesi (Pemprov Sulteng) has reported that the local farmers' production of dry-harvested rice (GKP) in 2023 reached an impressive 814,424 tons. Nelson Metubun, the Head of the Department of Food Crops and Horticulture (TPH) in Central Sulawesi, highlighted the significant annual increase in rice production,…
Sukabumi's Woodcraft Penetrates International Markets: CV Karya Winazar's Success Story
Woodcraft produced by local artisans in Kampung Cijeruk, Sukamekar Village, Sukaraja District, Sukabumi Regency, has made a remarkable entry into the international market. The achievement is attributed to CV Karya Winazar, a company managing woodcraft production for the past 32 years, employing around 65 staff, both daily and permanent. Asep…
Central Bank of Indonesia: Foreign Capital Inflow Reaches IDR 8.61 Trillion in the First Week of This Year
During the first week of January 2024, Indonesia's financial market experienced an influx of foreign capital. Based on Bank Indonesia's (BI) transaction data from January 2 to January 4, 2024, non-residents made net purchases totaling IDR 8.61 trillion. Erwin Haryono, Executive Director and Head of BI's Communication Department, revealed that…
