Business News
Strengthening Indonesia's Herbal Medicine Industry: Government Boosts Natural-Based Pharmaceutical Production
Indonesia’s natural-based pharmaceutical industry (Obat Bahan Alam/OBA) continues to thrive despite global economic uncertainties. In 2024, the sector recorded USD 6.3 million in exports and maintained strong industrial confidence, with the pharmaceutical and traditional medicine sector (KBLI 21) ranking second highest in Indonesia’s Industrial Confidence Index (IKI) as of March…
Green Investment and Circular Economy as Catalysts for Sustainable Tourism
At the 37th Joint Meeting of the UN Tourism Commissions for East Asia, the Pacific, and South Asia in Jakarta, Indonesia's Minister of Tourism, Widiyanti Putri Wardhana, highlighted how green investment and the circular economy can significantly advance sustainable tourism. She emphasized tourism’s broader contributions—generating jobs, promoting cultural exchange, and…
Tourism Powers Economy with USD 16.7 Billion Contribution, Government Pushes for Sustainable Growth
The Indonesian government is placing tourism at the forefront of its economic strategy, recognizing its powerful role in generating foreign exchange and creating jobs. In 2024, the tourism sector contributed a significant USD 16.7 billion to the national economy, attracted over 13 million international visitors, and employed nearly 25 million…
Ministry of Tourism Says Maldives Interested in Absorbing Indonesian Workers in Tourism Sector
The Ministry of Tourism (Kemenpar) held a bilateral meeting with several representatives of member countries of the World Tourism Organization (UN Tourism), one of which was the Maldives, on the sidelines of the 37th CAP-CSA meeting at the Mulia Hotel, South Jakarta, Wednesday (16/4/2025). Deputy for Industry and Investment of…
