Business News

Extraordinary! RI's Electricity Sales Skyrocket By 6.17%

PT PLN (Persero) recorded the best increase in sales in 2022 of 270.82 TWh with a total of 85.28 million customers. This figure increased by 15.75 TWh or 6.17% compared to the previous year which was only 255.07 TWh.Main Director of PLN, Darmawan Prasodjo explained, that PLN is taking various…

Rely on 10 Commodities, Indonesia Trade Surplus with Switzerland

Indonesia's trade relations with Switzerland have survived amid the COVID-19 pandemic. In fact, according to data from the Indonesian Embassy in Bern, Switzerland, Indonesia will record a trade surplus with Switzerland in 2022.Indonesia's trade performance is still strengthening and showing a surplus in the January-December 2022 period. Indonesia's total export…

Startups: EU response to US Subsidies Must Go Beyond State Aid, Tackle Procurement Rules

A series of European startup organisations co-signed a non-paper encouraging the European Commission to consider reviewing public procurement rules for SMEs to better support the ‘twin’ digital and green transitions as the EU adopts its Green Deal Industrial Plan. Fifteen startup bodies from across the bloc, spearheaded by French France…

Papua's Economy Grows 8.97% in 2022, BPS: Driven by the Transportation and Export Sector

The Central Statistics Agency (BPS) for Papua Province stated that the regional economy would grow 8.97% in 2022 compared to 2021. This figure was driven by the start of the economic recovery from the impact of COVID-19. Head of BPS Papua Adriana Helena Carolina said from the production side, the…
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