Business News
Ministry of Tourism and Creative Economy Records 17 Million Foreign Tourist Visits to Bali
The Ministry of Tourism and Creative Economy (Kemenparekraf) highlights Bali as a significant contributor to Indonesia's international tourist arrivals, accounting for approximately 80% or around 17 million foreign visitors this year. Dwi Marhen Yono, Director of Tourism Marketing at Nusanatara Kemenparekraf, emphasized Bali's enduring appeal as a primary destination for…
Summer Surge: Italy Anticipates 75.6 Million Overnight Stays, EUR 18 Billion in July Tourism
Italy anticipates a robust tourism season in July 2024, with projections indicating 18.2 million arrivals and 75.6 million overnight stays in hotels and vacation rentals, marking a 1.5% and 1% increase respectively from July 2023. Foreign tourists are expected to reach nearly 10 million, up by 3.6% compared to the…
Sidoarjo Furniture Industry Breaks into Export Market, Trade Minister Zulhas: Outstanding
One of the furniture companies in Sidoarjo has successfully exported dozens of containers of its products to various countries, achieving a value of over USD 500 million this year. Despite the weakening IDR against the USD and declining export figures causing global economic turbulence, this industry has managed to thrive.…
Indonesia Increases Exports of Food and Beverage Products to Africa
Indonesian food and beverage (F&B) products showcased impressive performance at the Africas Big 7 (AB7) 2024 exhibition, held from June 11-13, 2024, at the Sandton Convention Centre, Johannesburg, South Africa. The exhibition resulted in potential transactions amounting to USD 3.71 million or approximately IDR 60.93 billion. "Indonesian products once again…
