Business News
Investment in Kota Batu Surpasses IDR 1.15 Trillion
The economic revival in Kota Batu is accompanied by robust growth in investment realisation, surpassing the figures for the entire year of 2022. As of the end of October 2023, the recorded investment realisation in Kota Batu has exceeded IDR 1.15 trillion, with a registered basic capital of IDR 5.1…
Probolinggo Regency Achieves Milestone in Konjac Powder Export to China
Probolinggo Regency in East Java, facilitated by PT Probolinggo Big Power, marked a significant milestone by officially exporting 57 tons of konjac powder, also known as porang flour, to China. The inaugural export ceremony featured traditional elements like tumpeng cutting, gong striking, and jasmine garland cutting, overseen by Sahat Manaor…
Indonesian Ministry of Industry Highlights Jewelry Industry as a Key ASEAN Sector
The Balai Besar Standardisasi dan Pelayanan Jasa Industri Kerajinan dan Batik (BBSPJIKB) of the Ministry of Industry (Kemenperin) underscores the jewelry industry as a strategic sector for the economies of Indonesia and other ASEAN countries. The Acting Head of BBSPJIKB, Hagung Eko Pawowo, revealed that the total demand for jewellery…
Indonesian Vice Minister of Trade Advocates for Increased Exports to Kuwait
The Vice Minister of Trade asserts that Kuwait represents a substantial market for Indonesia, given that nearly 95% of its domestic needs are supplied from abroad, during his participation in the Indonesia Trade and Tourism Forum and Exhibition (ITTFE) at the Kuwait Chamber of Commerce and Industry (KCCI) Building in…
