Business News
Government's Consistent Efforts to Build Indonesia-centric Economy Evident as Investments Outside Java Dominate
Investment Minister/BKPM Head Bahlil Lahadalia announced that the investment realization for the first quarter of 2023 reached IDR 328.9 trillion. Investment growth outside Java has been higher than that of Java for 11 consecutive quarters. Based on Investment Ministry records, the spatial distribution of investment realization outside Java in the…
Indonesia's Furniture and Jewelry Products Make a Strong Showing in Taiwan, Garnering Transactions of IDR 219 Million
KDEI Taipei showcased Indonesian handicraft and furniture products at the GCC 2023 exhibition, generating transactions worth IDR 219 million. The products were tailored to Taiwanese consumers' tastes with Indonesian ethnic touches and showcased various handicraft, home decoration, jewelry, and environmentally friendly furniture products. The idnstore.tw platform was also introduced to…
Up To USD 20.6 Million Worth of Transaction Recorded in Indonesian Coffee Expo
Indonesia's specialty coffee products generated transactions worth USD 20.6 million at the Specialty Coffee Expo (SCE) 2023 held in Portland, Oregon from April 21 to 23. The event is the largest specialty coffee exhibition in North America, attracting over 10,000 visitors annually. The Indonesian coffee producers and exporters that participated…
Indonesia's Manufacturing PMI Soars to Impressive Heights
According to a survey by S&P Global, Indonesia's manufacturing sector continues to expand, with the Purchasing Managers' Index (PMI) rising to 52.7 in April from 51.9 in March, mainly due to the increasing domestic demand. Minister of Industry Agus Gumiwang Kartasasmita stated that the manufacturing PMI is in expansion territory,…
