Business News
Intensively Engaging in Foreign Expos, West Java Provincial Government Promotes Products Internationally
The export sector of West Java predominantly relies on non-oil and gas commodities, particularly within the Manufacturing Industry, contributing up to 98.48%. The major export groups within this sector include vehicles and their components at 20.83%, followed by electrical machinery and equipment at 13.45%. Conversely, plastics and plastic products constitute…
The Manufacturing Industry's Contribution to GDP Reaches 18.75%
The Minister of Industry, Agus Gumiwang Kartasasmita, cites Indonesia's business climate as still conducive despite the global economic slowdown, evident in the growing manufacturing industry's activities. In Q3 2023, the manufacturing sector contributed significantly, at 18.75% to the national Gross Domestic Product (GDP), playing a vital role in bolstering the…
Commodity Futures Trading Transactions are Predicted to Increase by 25% in 2024
The Indonesia Commodity & Derivatives Exchange (ICDX), also known as Bursa Komoditi dan Derivatif Indonesia (BKDI), foresees a potential 25% surge in commodity futures trading transactions by 2024. Nursalam, the CEO of ICDX, mentioned during the ICDX Outlook event in Kebon Sirih, Central Jakarta, on Wednesday (13/12/2023) that this growth…
The Tidore Islands are Being Prepared as a New Tourist Destination in Eastern Indonesia
The Indonesian government is preparing the Tidore Islands to become a new National Strategic Tourism Area in Eastern Indonesia. The ongoing Nusantara Day (Harnus) 2023 celebration is considered government support. Scheduled from December 10th-13th, it centers on the theme "Forging Nusantara Connectivity and Maritime Economy from Ground Zero of the…
