Business News
Sandiaga Uno Believes That the Indonesian Economy Will Rise Through the Tourism Sector
The Minister of Tourism and Creative Economy (Menparekraf) Sandiaga Uno has rekindled optimism for Indonesia's economic revival through the tourism sector. He said it would encourage the development of sustainable tourism investment. "We will continue to encourage the development of sustainable tourism investment that brings prosperity to the community," said…
Surplus, Indonesia's Fisheries Trade Balance Reaches USD 1.3 Billion
The Ministry of Maritime Affairs and Fisheries (KKP) recorded a positive performance in the Marine and Fisheries Sector in the first quarter of 2022. The trade balance of fishery products experienced a surplus of USD 1.39 billion, an increase of 21.78% compared to the same period the previous year. "Of…
Core Economists Believe the Service and Industrial Sectors Will Move Positively This Year
The Ministry of Investment/Coordination and Investment Agency (BKPM) noted that the realization of investment in the manufacturing sector during the first quarter of 2022 reached IDR 103.5 trillion. This achievement contributed 36.6% of the total investment realization in the first quarter of 2022 which reached IDR 282.4 trillion. In percentage…
Investment Realization Prints a Record 10 Years, Jakarta Special Region (DKI) Overtakes West Java
The Investment Coordinating Board (BKPM) noted that the realization of investment in the first quarter of 2022 reached IDR 282.4 trillion, or grew 28.5% on an annual basis (year-on-year / yoy). The realization of this investment worth a total of IDR 282.4 trillion consists of Foreign Investment (PMA) of IDR…
