Business News

Indonesia's Furniture Sector Records IDR 16 Trillion in Exports Amidst Global Economic Slowdown

The national furniture industry continues to make significant contributions to export value and supports the tourism sector with IDR 16 trillion amid a global economic downturn. Environmentally-friendly furniture exports are projected to rise dramatically to USD 51.02 billion by 2024, representing 8.6% of the global market. Sona Maesana, Co-Founder of…

Kemenparekraf Strengthens Tabanan Creative Economy Ecosystem Through Kelana Nusantara

The Ministry of Tourism and Creative Economy/Tourism and Creative Economy Agency (Kemenparekraf/Baparekraf) is working to strengthen the creative economy ecosystem in Tabanan Regency through the "Kelana Nusantara" event. This initiative provides Kemenparekraf/Baparekraf with a platform to gather insights from creative economy stakeholders. Minister of Tourism and Creative Economy/Head of the…

Renewable Energy as a Catalyst for Economic Growth

Foreign Minister Retno Marsudi emphasized the importance of increasing investment in the clean energy sector to drive sustainable economic growth during the Indonesia International Sustainability Forum (IISF) on Friday (6/9/2024). "Renewable energy is the energy of the future. Energy is not merely a commodity but a driver of economic growth,"…

Probolingo City Anniversary Generates IDR 2.17 Billion in Economic Activity

Acting Mayor of Probolinggo, Nurkholis, announced that the economic turnover during the series of events for the 665th anniversary of Probolinggo City, which peaked on Saturday night (7/9), reached IDR 2.17 billion. "In addition to preserving local culture through cultural parades, the events also positively impacted the economic turnover in…
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