Business News
Impressive Growth: Indonesian Exports Surge to USD 21.72 Million in May 2023
In May 2023, Indonesia recorded a notable increase in its export value, reaching USD 21.72 billion, which marked a significant 12.61% rise compared to April 2023. However, when compared to May 2022, there was a slight decrease of 0.96% in the overall export value. Analyzing the non-oil and gas exports…
Minister of Tourism and Creative Economy Sets USD 8 Billion Investment Target for Indonesia
Indonesia's Minister of Tourism and Creative Economy, Sandiaga Uno, aims to attract investments of USD 6-8 billion (around IDR 89-119 trillion) in the tourism and creative economy sector, with the goal of creating 4.4 million new jobs by 2024. Sandiaga stated that this investment target would contribute to the creation…
The Nusa Dua Becomes the Vibrant Venue for Dream Machine Festival, Boosting Tourism Industry
The Nusa Dua, managed by Indonesia Tourism Development Corporation (ITDC), successfully hosted the private Dream Machine Festival from June 8-11, 2023. The event, themed "Let's Get Tropical," attracted approximately 2,500 Australian tourists who enjoyed wellness programs, pool and beach parties, and music performances on Peninsula Island. The festival's success is…
Sustainable Development of Palm and Sago Agro-industry
The development of the agro-industry in Indonesia is crucial for increasing the demand and production of agricultural products, as well as improving the prices and income of farmers. This development has a significant multiplier effect, as it stimulates the upstream agro-industry, marketing sectors, and supporting sectors such as finance and…
