Business News

Ranks the Second Largest in the World, This is the Destination for Indonesian Seaweed Exports

The Indonesian Export Financing Agency (LPEI) or Indonesia Eximbank revealed that Indonesia was ranked second as the largest seaweed exporter in the world. The type of Indonesian seaweed that is well known in the global market is Eucheuma cottonii which has a portion of 71.59 percent of the total exports…

Sandiaga Uno: Realization of Tourism Investment Reaches IDR 14.9 Trillion in 2021

Minister of Tourism and Creative Economy Sandiaga Uno said, there was an increase in the realization of tourism investment in 2021 by Rp. 14.9 trillion and contributed to the realization of national investment by 3.36 percent. "This is an achievement that I feel proud of," he said at the 2021…

Investing Outside Java Has Bigger Impact on Economy

Based on a study on the Impact of Investment Realization on the Economy conducted by the Faculty of Economics and Business, University of Indonesia (FEB-UI), the impact of investment realization really depends on the investment area. "For investment in Java, this only has a big impact in Java. Meanwhile, if…

This Furniture Product from Old Teak Wood from East Java Enters the European Market

Indonesian teak wood is known for its high quality. Therefore, teak wood, whether in whole or in pieces, can be processed into objects of high economic value. This has been proven by Krisna Purnomo, entrepreneur of handicraft products from pieces of old teak wood. He has been running this business…
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