Business News
Indonesia's Inaugural Export of Gold jewellery Worth USD 6.98 Million to Dubai, Duty-Free as IUAE-CEPA Implementation
Indonesia has successfully exported gold jewellery worth USD 6.98 million to the United Arab Emirates (UAE) without incurring import duties. The gold jewellery arrived at Dubai Airport without any obstacles. This gold jewellery export leveraged the Indonesia-United Arab Emirates Comprehensive Economic Partnership Agreement (IUAE-CEPA) and marked the first duty-free export…
Economy of the Riau Islands Grows 5.04% in Q2 2023, Highest in Sumatra
The economy of the Riau Islands Province (Kepri) in the second quarter of 2023 decreased compared to the previous quarter, from 6.51% (YoY) to 5.04% (YoY). Despite the contraction, the cumulative economy of Kepri remains the highest in the Sumatra region at 5.77% (CTC), surpassing the average growth of Sumatra…
Promoting "Sport Tourism" to Drive Economic Growth
Tourism plays a pivotal role in bolstering a country's economy, generating foreign exchange earnings, employment opportunities, and stimulating various sectors within the economy. In Indonesia, a burgeoning trend in tourism is sports tourism, which combines sporting events with the promotion of tourist destinations. With its rich natural resources and stunning…
South Sumatra's Efforts to Increase Coal Production and Added Value.
The Indonesian government is actively promoting downstream activities and accelerating the value addition of coal mining products. One significant effort in this direction involves the gasification of coal into dimethyl ether (DME) as an alternative to imported liquefied petroleum gas (LPG), which has seen increasing imports over the years. In…
