Business News
The economy of West Nusa Tenggara (NTB) in 2023 is predicted to increase by 5.9%, the Agriculture and Construction Sectors are the Main Pillars
Indonesia's Nusa Tenggara Barat (NTB) economy posted strong growth of 7.04% in the fourth quarter of 2022. The agriculture and construction sectors are the main catalysts for this growth, which are expected to continue supporting economic growth in the first quarter of 2023. Rice production is expected to rise heading…
Visitors in Tourist Objects in Kerinci Increased to More Than 26 Thousand Visitors
During the 2023's Eid Al-Fitr holiday, all tourist destinations in Kerinci were crowded with visitors, including those managed by the government, private sector, and Bumdes. The number of visitors increased across all destinations. The Head of the Kerinci Tourism Office, Juanda, reported that in the three days following Eid Al-Fitr,…
Local Tourist Visits to Bali Increase by 40 Percent During the 2023 Eid Holiday
According to data from the Bali Tourism Office, domestic tourist visits to Bali during the Lebaran holiday in 2023 increased by around 40% compared to normal days, with a significant increase starting from April 16. On that day, there were 21,154 domestic tourist arrivals and 42,000 departures. The average daily…
Deepening Financial Markets Keeps Rupiah Stable, Importers and Exporters Rejoice
The Indonesian rupiah exchange rate has been strengthening in recent weeks, which affects export and import activities. The Center of Reform on Economics (CORE) Indonesia believes that both short-term and long-term measures are needed to address exchange rate fluctuations, particularly by deepening the domestic financial market to maintain exchange rate…
