Business News
Promoting "Sport Tourism" to Drive Economic Growth
Tourism plays a pivotal role in bolstering a country's economy, generating foreign exchange earnings, employment opportunities, and stimulating various sectors within the economy. In Indonesia, a burgeoning trend in tourism is sports tourism, which combines sporting events with the promotion of tourist destinations. With its rich natural resources and stunning…
South Sumatra's Efforts to Increase Coal Production and Added Value.
The Indonesian government is actively promoting downstream activities and accelerating the value addition of coal mining products. One significant effort in this direction involves the gasification of coal into dimethyl ether (DME) as an alternative to imported liquefied petroleum gas (LPG), which has seen increasing imports over the years. In…
Boosting Value-Add in Marine Products, Ministry of Industry Establishes Fish Processing SME Hub
In Indonesia, the abundant marine fisheries resources offer significant potential for economic growth and job creation, with a particular focus on marine fish production. The fisheries sector encompasses a wide array of participants, including fishermen, harbor management, traders, transportation services, and small and medium-sized food processing industries (IKM). IKM plays…
Tourism Villages Can Serve as an Economic Powerhouse for Indonesia by Drawing in Tourists
The Indonesian Ministry of Tourism and Creative Economy, in partnership with the World Bank, has recommenced the "Sadar Wisata 5.0" campaign in six tourist villages within the Bromo-Tengger-Semeru region. This initiative, launched in 2022, aims to stimulate economic growth and employment opportunities through collaboration among these tourism-oriented villages. Florida Pardosi,…
