Business News
Italy Ranks Fourth in Popular Destinations as Tourism and Travel Rebound
Italy ranks fourth among European tourists' favorite destinations and sixth among tourists from North America, according to the Travel Industry Trend report by the Mastercard Economic Institute. The country is experiencing a shift in tourist spending habits, with a growing preference for experiential purchases rather than shopping. Chinese tourists are…
LPEI Visits Kendari Customs to Boost Southeast Sulawesi's Product Exports to International Markets
Bea Cukai Kendari recently welcomed a working visit from Indonesia Eximbank, the Export Financing Institution of Indonesia, at its office. The purpose of the visit was to coordinate the development of export products from Southeast Sulawesi Province (Sultra) and explore international markets. The meeting involved discussions with PT. Citra Alam…
Indonesian Car Exports Surge 26% in January-April 2023
During the January-April 2023 period, Indonesia witnessed notable growth in the export of Completely Built Up (CBU) cars and components. Gaikindo reported that CBU exports reached 166,176 units, marking a 26% year-on-year increase compared to the same period in the previous year. Daihatsu led the market with 58,130 units, followed…
West Sumatra Holds Potential as Indonesia's Halal Industry Hub, Says Governor
The Governor of West Sumatra, Mahyeldi, sees potential for the region to become a hub for the halal industry in Indonesia and the world due to several supporting factors. West Sumatra has a population of 5.4 million, the majority of whom are Muslim, and the region's philosophy of Adat Basandi…
