Business News

Sports Tourism Boosts the Tourism Potential of Batu City

The Batu City Government declares that the organization of sports tourism events is capable of elevating the tourism potential of Batu City, East Java. With an increasing number of national and international sports championships being held in Batu City, the tourism sector is becoming more vibrant. The local government hope…

Great Potential for Indonesian Halal Products in the Egyptian Market

The Ambassador of the Republic of Indonesia to Egypt welcomes the significant opportunity for importing Indonesian halal products into the Egyptian market. Despite the challenging global economic conditions and the prevalence of inflation, opportunities always arise regardless of the circumstances. The Ambassador of the Republic of Indonesia to Egypt mentioned…

Indonesia Diaspora Promotes Tourist Villages and SME Products in the Netherlands

Negeriku, a non-profit organization founded by the Indonesian diaspora in the Netherlands, is promoting the excellence of tourist villages and SME products from Indonesia to the European community through an exhibition titled "Discovering the Magnificence of Indonesia Expo." The exhibition, with the theme "Promoting Green Tourism Villages and Small to…

BI Report: Indonesia's International Investment Rises by USD 2.6 Billion in Q1

Bank Indonesia (BI) reported that Indonesia's International Investment Position (IIP) in Q1 2023 showed a slight increase in net liabilities. The net liability stood at USD 255.3 billion, rising slightly from USD 252.7 billion in Q4 2022. The growth in net liabilities was primarily driven by the Foreign Financial Liability…
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