Business News
Largest in Southeast Asia, Indonesia's Digital Economy Value Surpasses IDR 1,266 Trillion
Indonesia continues to dominate the digital economy landscape in Southeast Asia, with its digital economy reaching a staggering IDR 1,266.67 trillion or USD 82 billion in 2023. Rudy Salahuddin, Deputy for Digital Economy, Manpower, and SME Coordination at the Coordinating Ministry for Economic Affairs, announced this during a media briefing…
Indonesia to Launch Tourism Fund Next Year
The Indonesian government has unveiled plans to launch the Indonesia Tourism Fund next year, aiming to boost tourism promotion and enhance the country's bid for prestigious events. The fund, set at IDR 2 trillion (approximately USD 129 million) in its inaugural year, will be entirely sourced from the government budget.…
The LPEI and West Sumatra Provincial Government Sign MoU to Develop Export-Oriented SMEs
The Indonesia Eximbank (LPEI) and the Government of West Sumatra Province have signed a Memorandum of Understanding (MoU) to enhance the development of small and medium-sized enterprises (SMEs), cooperatives, village-owned enterprises (BUMDesa), village-owned enterprises managing natural resources (BUMDESMA), and SMEs oriented towards exports. Chesna F Anwar, the Executive Director of…
Motorcycle Tourism and the MFI Tourist Commission
The International Tourism Forum "Meraviglia, the Open" hosted the Tourist Commission of the Italian Motorcycle Federation (MFI), emphasizing the pivotal role of motorcycle tourism in Italy's economy. Italian and foreign motorcyclists contribute significantly, generating a recent economic impact valued at three billion euros annually. During the forum, key government figures,…
