Business News
Textile Industry Targeted to Grow 5% This Year
The Ministry of Industry projects that the textile and textile product (TPT) industry will grow 5 percent this year, after being unable to optimize expansion in 2021 due to the pandemic and strict restrictions. Director of Textiles, Leather, and Footwear at the Ministry of Industry, Elis Masitoh, said that increased…
Investment Realization in Madiun City in 2021 Exceeds the Target
The realization of incoming investment in Madiun City in 2021 was recorded at Rp. 202 billion, exceeding the target set at Rp. 191 billion. Rully Dwi Ratnawati at the Madiun City Investment and One-Stop Integrated Service said that the majority of investment was contributed by the trade sector. "The rest…
North Sumatra Steps on the Gas at the Beginning of the Year, the Value of Export Commodities Is Recorded at IDR 241 Billion
Entering the beginning of 2022, North Sumatra's exports immediately sprang up. During January 1-8 2022, the total value of exports transported through Belawan Port, Medan City, was recorded at more than Rp. 241 billion. "Alhamdulillah, it is still good at the beginning of the year even though exporters are still…
Sandiaga Expects MotoGP in Mandalika to Boost Local Economy by 30%
Minister of Tourism and Creative Economy Sandiaga Uno estimates that the international MotoGP racing event in Mandalika, Lombok, West Nusa Tenggara, will increase regional income by up to 30 percent. The event, which is predicted to invite 100,000 tourists, will be held on March 18-20, 2022. "We estimate that from…
