Business News

Synergy and Collaboration Among City Governments Drive Economic Development in Kalimantan

Nine Mayors from across Kalimantan convened at the Regional Working Meeting (Raker) of Region V Branch of the Association of All Indonesian City Governments (Apeksi) in Kalimantan for the Year 2024, held in Banjarbaru City, South Kalimantan. The focal point of discussion during the meeting was the theme 'Preparing Human…

Camper Registrations Up by 16.5% Since Start of Year in Italy, Third Largest Producer in Europe. Parma Exhibition Returns

Italian camper van manufacturers such as Arca, CI, Elnagh, Etrusco, Giottiline, Laika, McLouis, Mobilvetta, Rimor, Roller Team, Top Group, and XGO are thriving in the industry, making Italy the third-largest producer of campers in Europe, following Germany and France. The German market absorbs 80% of Italy's national camper van exports,…

Electric Vehicle Sales Surge Sharply in Q1-2024

In 2024, the electric vehicle (BEV) market in Indonesia experienced remarkable growth, with wholesale sales soaring by 228.05% compared to the previous year, reaching 5,882 units in the first quarter alone. This surge is attributed to the introduction of new brands and competitive pricing, fueled by the ongoing 1% VAT…

Sulawesi Selatan Unveils Largest Port in Eastern Indonesia, Garnering IDR 5.4 Trillion Investment

Recently inaugurated on February 22, 2024, is a major port located in South Sulawesi Province. Known as Makassar New Port, it stands as the largest port in the eastern region of Indonesia, aimed at streamlining logistics costs within the country. The port's development involved an investment totaling IDR 5.4 trillion,…
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