Business News

Exporting Gloves to Sweden, This Company Contributes IDR 2.5 billion to the Country's Foreign Exchange

Apart from being a tourism city, Yogyakarta is the largest glove producer in Indonesia, and one of the best in the world. In Yogyakarta, there are more than 10 glove manufacturing companies that have received facilities, both for ease of import for export purposes (KITE) and bonded zones from Customs.…

Sanur Special Economic Zone (SEZ) To Become A New Magnet For Indonesian Tourism

The State-Owned Enterprises (SOE) Tourism Holding and its subsidiary, PT Aviasi Pariwisata Indonesia (Persero), also known as InJourney, are eyeing investors at the ASEAN-Indo Pacific Forum (AIPF) 2023. One of the highlights will be the Special Economic Zone (SEZ) in Sanur, Bali. The CEO of InJourney, explained that the Sanur…

Indonesian Fisheries Records Sales of IDR 248 Billion in First Semester of 2023

PT Perikanan Indonesia (Persero), a member of the ID FOOD food holding, reported sales of IDR 248 billion in the first semester of 2023. This represents a 10% growth compared to the same period last year. The CEO of Perikanan Indonesia, attributed this increase in sales to growth in the…

Investment Minister: Investment Realization Reaches 48.5%

The Investment Minister and Head of the Investment Coordinating Board (BKPM) announced that the investment realisation for the first semester of 2023 has reached 48.5% of the target set by President Joko Widodo. As of the first semester of 2023, out of the target of IDR 1,400 trillion, the investment…
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