Business News
Ministry of Tourism and Creative Economy Projects Four Tourism Trends for 2024, Focusing on Positive Growth
The Ministry of Tourism and Creative Economy/The Tourism and Creative Economy Agency (Kemenparekraf/Baparekraf) of Indonesia has projected four tourism and creative economy trends for the year 2024. Revealed during a hybrid Year-End Press Conference at Balairung Soesilo Soedarman, Sapta Pesona Building, Jakarta, Angela Tanoesoedibjo, Deputy Minister of Tourism and Creative…
41.72 Billion USD Investment Allocated to Three National Oil and Gas Strategic Projects in Indonesia
In 2023, Indonesia is set to embark on three strategic national oil and gas projects, as announced by the Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) Representative for Kalimantan Sulawesi (Kalsul) during a press briefing on Friday, December 22, 2023, in Balikpapan. These significant projects, located in…
Small and Medium Enterprises Reap Profits from the 'Go Green' Trend
Indonesia is witnessing a growing trend towards eco-friendly living, prompting shifts in consumer preferences. This movement has created a niche market for sustainable products, particularly wooden utensils, as exemplified by Nicoles Natural, founded in 2012 and focusing on wooden products since 2017. The Bandung-based brand commits to sustainable living, offering…
Market Opportunities in the U.S. for Indonesian Palm Oil Commodities
The United States serves as a pivotal hub for global exporters, offering extensive opportunities for Indonesia's palm oil-based products. To thrive in this market, Indonesian exporters must navigate dynamic consumer trends and regulations. Despite challenges, the U.S. remains crucial for Indonesia's commodities. Indonesia, known for its natural resources, notably exports…
