Business News
Mining Sector Plays a Crucial Role in Driving West Java's Economic Growth
Investment stands as a pivotal indicator for the economic growth of a region, and presently, West Java Province has become an exceptionally attractive investment destination. Over the past five years, the investment realization has exceeded IDR 800 trillion, reaching a record IDR 174.6 trillion in 2023, as highlighted by the…
Green Tourism Aims to Attract 14.3 Million Foreigners in 2024
The Indonesian Government, led by Tourism and Creative Economy Minister Sandiaga Uno, is prioritizing the promotion of quality and sustainable tourism to achieve the ambitious goal of welcoming 9.5 to 14.3 million foreign tourists in 2024. Minister Uno, speaking after the National Coordination Meeting on Tourism and Creative Economy 2023…
Special Economic Zone Galang Batang: A New Pride for Indonesia's Special Economic Zone
The Special Economic Zone (SEZ), specifically KEK Galang Batang, is proving to be a source of pride for Indonesia, yielding positive impacts for both investors and the local communities by generating employment opportunities and fostering prosperity. KEKs are expected to be a new source of growth based on the strengths…
The Wood-Furniture Supply Chain is Expected to Experience a Positive Trend in Exports Starting from 2024
The President of FederlegnoArredo, Claudio Feltrin, revealed that the wood-furniture sector experienced a challenging third quarter in 2023, marking a -7.8% decline from January to September compared to the same period in 2022. Both exports (constituting 41% of the sector) and the domestic market witnessed downturns of -7.5% and -8.1%,…
