Business News
Tourism Revenue Exceeds USD 6 Billion, Boosting Indonesia's Economy
The Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno, announced that tourism revenue for the third quarter of 2023 has surpassed the set targets, reaching over USD 6 billion, with a contribution of 3.76% to the tourism sector's GDP. This achievement surpasses the specified targets of a minimum of…
Indonesian Seafood Shines at BISFE 2023, Potentially Garnering USD 2.57 Million Transactions
Indonesia's seafood and marine products once again took the spotlight at an international exhibition. Participating in The Busan International Seafood & Fisheries Expo (BISFE 2023) at BEXCO, Busan, South Korea, from November 1 to 3, 2023, these Indonesian flagship products showcased a transaction potential of USD 2.565 million or approximately…
Coconut Sugar SME's Product Penetrates 10 Countries with LPEI Support
The Indonesian Export Financing Institution (LPEI) reported the successful international expansion of a Small and Medium-sized Enterprise (SME) involved in coconut sugar production, reaching markets in ten countries. Maqin U. Norhadi, the Executive Director of Business Development at LPEI, highlighted the achievements of this SME under the Export-Oriented Small and…
Indonesian Financial Services Authority Projects Eightfold Growth of Indonesia's Digital Economy by 2030
The Indonesian Financial Services Authority (OJK) projected that the country’s digital economy will grow eight times to reach a value of IDR 4,531 trillion by 2030. “I want to say about the outlook, based on data from the Ministry of Trade, the digital economy will grow about eight times to…
