Business News
Bali's Economy Surpasses National Growth, BI Commends Mahendra Jaya
Deputy Governor of Bank Indonesia (BI), Doni Primanto Joewono, praised Bali's Acting Governor, Made Mahendra Jaya, for the region's impressive economic growth. In the first quarter of 2024, Bali's economy grew by 5.98%, surpassing the national growth rate of 5.11 % and improving from 5.86% in the same period in…
Tourism Boom in Lazio: "More Tourists Compared to 2022"
Tourism in the Lazio region recorded the highest growth in Italy in 2023, with a 25.3% increase in visitor numbers compared to 2022, significantly above the national average. In response to this growth, the Lazio region is intensifying its promotional activities. A key strategy involves leveraging the Italian national soccer…
International Tourist Arrivals in Indonesia Reach 1.07 Million
The Ministry of Tourism and Creative Economy (Kemenparekraf) reported that in April 2024, Indonesia recorded 1.07 million international tourist arrivals, marking a 23.23% increase compared to the same period last year. "Comparing April this year to April last year, we see a growth of 23.23%," said Nia Niscaya, Principal Expert…
Ministry of Industry: Local Fashion Industry Market Value to Exceed IDR 125 Trillion in 2024
The Ministry of Industry (Kemenperin) projects that the domestic market value of Indonesia's fashion industry will reach USD 7.72 billion, or over IDR 125 trillion, in 2024. Minister of Industry, Agus Gumiwang Kartasasmita, stated that this projection is based on three main sectors: apparel, accessories, and footwear. He noted that…
