Business News
Ministry of Finance: Economic Recovery Elevates Indonesia to the Upper Middle Class Once Again
Head of Fiscal Policy Agency at the Ministry of Finance, Febrio Kacaribu, stated that Indonesia's strong economic recovery has placed it back into the upper middle-income category, despite the classification threshold increasing to USD 4,466 from USD 4,256 in 2021. The World Bank recorded Indonesia's gross national income (GNI) per…
Government Unveils 6 Tactics to Stimulate Economic Expansion in the Second Half of 2023
Indonesia is considered to have a fast economic recovery post-pandemic, with its economic growth surpassing 5%. The country has maintained this growth rate for six consecutive quarters, leading it to be classified as an upper middle income country by the World Bank. President Joko Widodo (Jokowi) presented six strategies to…
Ubud As A Gastronomy Destination For United Nations World Tourism Organization 2023
The Ministry of Tourism and Creative Economy/Indonesian Tourism and Creative Economy Agency organized a coordination meeting on the development of Ubud as a gastronomy (culinary arts) destination for the United Nations World Tourism Organization (UNWTO) in 2023. The Director of Special Interest Tourism at the Ministry of Tourism and Creative…
Director-General of Environment from the European Commission Visits Indonesia to Strengthen Cooperation in the Environmental Sector
The visit of Director-General for Environment from the European Commission aims to strengthen cooperation between the European Union and Indonesia in the field of environment. One of the main objectives of this visit is to follow up on the visit of Indonesian Coordinating Minister for Economic Affairs, to Brussels last…
