Business News
BPS: Tobacco Harvest Drives Growth in NTB's Processing Industry
The Central Statistics Agency (BPS) of West Nusa Tenggara (NTB) has reported a notable boost in the region's processing industry in the third quarter of 2024, primarily driven by the tobacco harvest season. According to BPS NTB, the tobacco processing sector played a key role in this growth, alongside other…
Indonesia's Economy Grows 4.95% in Q3-2024, Government Optimistic for Over 5% Growth in 2024
Indonesia’s economy grew by 4.95% year-on-year in the third quarter of 2024, reflecting a 1.5% increase compared to the previous quarter, and 5.03% growth year-to-date. This positive performance comes despite ongoing global challenges such as geopolitical tensions, geo-economic fragmentation, and a global economic growth projection of just 3.2% for both…
Aceh's Export Value Reaches USD 486.1 Million by the Third Quarter of 2024
Banda Aceh | The Central Statistics Agency (BPS) of Aceh reported that the province’s export value reached USD 486.1 million in the third quarter of 2024 (January-September), a 3.17% decrease compared to USD 502 million in the same period last year. Ahmadriswan Nasution, Head of BPS Aceh, explained that non-oil…
Appreciation for Exporters Expanding Export Markets, The Minister of Trade Budi Sends Off 400,000th Container of Processed Food Products to 15 Countries
The Minister of Trade, Budi Santoso, has launched the 400,000th container of processed food products produced by PT Mayora Indah Tbk. for export to 15 countries in Africa, the Middle East, Southeast Asia, South Asia, and other regions, valued at USD 1 million or approximately IDR 15.7 billion. The export…
