Business News
Indonesia's Automotive Export Performance Improves, Surging by 11.1%
The Indonesian Automotive Industry Association (Gaikindo) reports a notable improvement in the performance of domestically produced vehicles, reflecting positive growth in the period of September-October 2023. The export of Completely Built-Up (CBU) units in October 2023 reached 46,875 units, marking a robust growth of 11.1% compared to the previous month's…
Bank of Italy Report : Umbria's Tourism Boosts Economic Growth
The latest economic update from the Bank of Italy underscores the pivotal role of tourism in driving Umbria's economy. The report reveals that tourism has made a significant positive impact, contributing substantially to the region's economic growth. Notably, tourism in Umbria has outperformed the national average, with a robust 9.6%…
Papua's Exports to China Reach USD 138.38 Million in October 2023
The Central Statistics Agency (BPS) of Papua Province reports that China is one of the six major destinations for exports, with a value of USD 138.38 million in October 2023, primarily consisting of metal ore, slag, and ash (HS26). Adriana Helena Carolina, the Head of BPS Papua, stated on November…
Tourism Revenue Exceeds USD 6 Billion, Boosting Indonesia's Economy
The Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno, announced that tourism revenue for the third quarter of 2023 has surpassed the set targets, reaching over USD 6 billion, with a contribution of 3.76% to the tourism sector's GDP. This achievement surpasses the specified targets of a minimum of…
