Business News

MotoGP Mandalika Economic Potential Expected to Reach IDR 500 Billion by 2025

Indonesia's experience hosting the MotoGP Mandalika, one of the world's most thrilling motorcycle racing events, has significant economic potential, estimated to generate IDR 500 billion. Following an internal meeting with President Joko Widodo at the Presidential Palace Complex in Jakarta on Tuesday, 9 July 2024, Minister of Tourism and Creative…

Italian Exports Show Resilience and Global Opportunities

The Italian economy, valued at over EUR 650 billion or one-third of the GDP, has shown resilience amid geopolitical uncertainties but holds potential for further growth. This can be achieved by increasing the share of exporting SMEs, exploring new African and Asian markets, addressing digitalization, energy transition, and sustainability, leveraging…

Reaching IDR 4.59 Trillion, BPS Reports May 2024 Export Value Through Ports in North Kalimantan Up by 100%

The export value of commodities through ports in North Kalimantan doubled by approximately 100.94% in May 2024, as reported by the North Kalimantan Central Statistics Agency (BPS). The total export value reached USD 280.99 million, equivalent to IDR 4.59 trillion (based on the BI middle rate on July 5: IDR…

Pertamina-Partnered MSME Exports 2.5 Tons of Patin Fish Skin Crackers to Malaysia for the First Time

Tri Handayani, owner of CV Raja Patin Indonesia, detailed the journey of her business leading to the first export of patin fish skin crackers to Malaysia. This initial shipment comprised 3,800 packs or 2.5 tons. As a partner of Pertamina Patra Niaga Regional Sumatera Bagian Utara (Sumbagut), she received support…
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