Business News
Sidoarjo's Investment Reaches IDR 5.6 Trillion in the Second Quarter of 2023
The realization of investments in Sidoarjo Regency during the second quarter of 2023 reached IDR 5.6 trillion, equivalent to 78.8% of the 2023 investment target of IDR 7.179 trillion. The high level of investment achievement in Sidoarjo in the second quarter makes the government optimistic about reaching or even surpassing…
Indonesian Completely Built-Up (CBU) Car Exports Increase by 18% in January-August 2023
The performance of completely built-up (CBU) car exports remains positive with continuous growth throughout January to August 2023. According to data from the Indonesian Motor Vehicle Industry Association (Gaikindo), CBU car exports reached 337,312 units during January to August 2023, an increase of 18% compared to the same period last…
Lebak Mangosteen Reaches International Markets
Mangosteen (garcinia mangostana) cultivated by farmers in Lebak Regency, Banten, is now being exported to international markets through a Jakarta-based company. The exported mangosteen comes from approximately 40 hectares harvested from August to September 2023 as stated by Chairman of the National Farmers and Fishermen Contact (KTNA) in Cipanas, Lebak…
Aceh's Economy Continues to Thrive in the Agricultural Sector
The agricultural, forestry, and fisheries sectors remain the backbone of Aceh's economy, contributing to 28.50% of its economic activity. They are followed by the trade and vehicle repair sector at 15.53% and the construction sector at 9.20%. In the recently released Aceh Provincial Economic Report for August 2023, these three…
