Business News
Ministry of Tourism and Creative Economy Strives to Expand Warung Tegal to International Market
Minister of Tourism and Creative Economy aims to promote Warung Tegal (Warteg) which is a Tegal-style food stalls internationally through the Spice Up The World (SUTW) program. The Minister also stated that Warteg would be established in New York, Germany, and meet the high demand in the Middle East, as…
Sport Tourism Boosts the Popularity of Curug Layung
A group of teenagers has set up camp at Curug Layung, a tranquil tourist spot located at an altitude of 1,409 meters above sea level, aiming to boost the popularity of the destination as a sports tourism site. Led by tourism management students from Stiepar Yapari Bandung, the event, called…
Indonesia's Electric Vehicle Market Expected to Reach IDR 30 Trillion by 2029
The electric vehicle market in Indonesia is projected to reach a value of approximately USD 2.02 billion, equivalent to IDR 30 trillion, according to a research study conducted by Maximize Market Research. The report indicates that the market, which reached USD 533.19 million or around IDR 7.93 trillion in 2020,…
Lubricant Sector Expected to Grow by 15% Until 2026
The Director of PT Pertamina Lubricants (PTPL), Werry Prayogi, projects a 15% year-on-year growth in the lubricant business sector in Indonesia from 2021 to 2026, equivalent to an average annual growth of 3%. This growth is attributed to the increasing demand for lubricants, which is closely linked to the growth…
