Business News
August 2023 : Exports from Bengkulu Increase by 20.59%
The Central Statistics Agency (Badan Pusat Statistik) has reported that the export performance of Bengkulu Province in August 2023 recorded a significant increase of 20.59% compared to the previous month of July. Total exports from Bengkulu Province in August 2023 reached USD 15.13 million. This export value saw a 20.59%…
Service Sector Emerges as the Engine of Economic Growth in Indonesia
The World Bank has identified the service sector as a significant driver of development in the East Asia and Pacific region, including Indonesia. This recognition comes as the service sector has been a primary contributor to aggregate labor productivity over the past decade. The Chief Economist for the East Asia…
Investment Realization in South Jakarta Exceeds Target by 179%
The investment realization in South Jakarta for the first semester (January-June) of 2023 has reached IDR 40.5 trillion, surpassing the set target of IDR 22 trillion by 179%. The investment realization for the first semester of 2023 in DKI Jakarta Province amounted to IDR 79.4 trillion as stated by the…
Central Statistics Agency Records a 166.12% Increase in Foreign Tourist Visits to Indonesia in 2023
The Central Statistics Agency (BPS) has reported a remarkable 166.12% increase in foreign tourist visits to Indonesia in 2023 compared to the previous year. This figure represents a substantial surge from the numbers in 2022. The Acting Head of BPS, revealed that cumulatively until August 2023, the number of foreign…
