Business News
Indonesian Financial Services Authority Projects Eightfold Growth of Indonesia's Digital Economy by 2030
The Indonesian Financial Services Authority (OJK) projected that the country’s digital economy will grow eight times to reach a value of IDR 4,531 trillion by 2030. “I want to say about the outlook, based on data from the Ministry of Trade, the digital economy will grow about eight times to…
Ministry of Agriculture Designates South Sumatra as National Food Barn
The Ministry of Agriculture (Kementan) has chosen the province of South Sumatra to be one of the national food barns in Indonesia. Minister of Agriculture Andi Amran Sulaiman, during his visit to rice fields in Ogan Komering Ilir Regency (OKI), South Sumatra, on Tuesday, stated that he aims to designate…
FIFA U-17 World Cup Boosts Tourism in Surabaya
The FIFA U-17 World Cup, held from November 10 to December 2, 2023, serves as a significant opportunity for the Surabaya City Government in East Java to introduce its tourist destinations to the world. The youth football tournament has the potential to contribute to the local economy by attracting football…
Fore Coffee, Second Indonesian Coffee Brand That Opens Outlet in Singapore, Sells 3,000 Cups in the First Week
Fore Coffee, a local coffee startup in Indonesia, officially opened its first international outlet in Singapore on Thursday, November 9, 2023. This marks the establishment of the second local coffee brand in the lion city. The opening represents a historic achievement for the local brand in bringing the delightful culture…
