Business News
Export Value of West Kalimantan from January to November 2024 Grows by 3.09 Percent
West Kalimantan (Kalbar) saw a 3.09% year-on-year growth in export value from January to November 2024, with key commodities such as inorganic chemicals, rubber, and vegetable oils leading the way. Despite a 2.71% decline in November compared to October, exports remained significant, reaching USD 187.70 million. The top three export…
NTB Exports 20 Tons of Candlenuts to Saudi Arabia
Nusa Tenggara Barat (NTB) successfully exported 20 tons of candlenuts, valued at IDR 795 million, to the Middle East on January 13, 2024. The export, conducted by PT Mujnah Kemiri Lombok—a small and medium enterprise (SME) supported by Bank Indonesia—was officially released at the Bank Indonesia Representative Office in NTB.…
2024 Investment Value Reaches IDR 498 Billion, Hospitality Sector Among Major Contributors
Investment in Madiun City surged by more than 200% in 2024, surpassing its target of IDR 195 billion to reach over IDR 498 billion, specifically IDR 498,086,314,746. Key contributors to this significant investment increase include the establishment of hospitals and star-rated hotels. The city's growing healthcare and hospitality sectors have…
Support Economic Growth, Contribution of Pulp and Paper Industry Exports Reaches USD 8.28 Billion
Deputy Minister of Industry Faisol Reza encouraged the Indonesian Pulp and Paper Association (APKI) for its consistent efforts in supporting the national pulp and paper industry, which plays a significant role in the country’s economy. "The pulp and paper industry contributed USD 8.28 billion in exports in 2023, accounting for…
