Business News

Indonesia Achieves Investment Realization of IDR 1,418.9 Trillion in 2023

The Ministry of Investment/Investment Coordinating Board (BKPM) has reported that the investment realization throughout 2023 has reached IDR 1,418.9 trillion. Surpassing the initial target of IDR 1,400 trillion by 101.3%, with a total workforce absorption of 1,823,543 individuals. The breakdown includes foreign direct investment (PMA) realization amounting to IDR 744.0…

Indonesia International Furniture Expo (IFEX) 2024 Anticipated to Boost National Furniture and Craft Exports

The Indonesia International Furniture Expo (IFEX) 2024, organized by the Association of Indonesian Furniture and Craft Industries (HIMKI) in collaboration with Dyandra Promosindo, is set to take place for the 9th time. Scheduled from February 29 to March 3, 2024, at JIExpo, Kemayoran, Jakarta, the theme for this edition is…

Ministry of Tourism and Creative Economy Urges Indonesian Diaspora in Laos to Promote Indonesian Cuisine Globally

The Ministry of Tourism and Creative Economy, through the Ministry's Tourism and Creative Economy Agency (Kemenparekraf/Baparekraf), calls upon the Indonesian diaspora in Laos to actively promote the potential of tourism and the creative economy, especially the culinary industry, on the international stage. Sandiaga Salahuddin Uno, the Minister of Tourism and…

Tourism in Italy: Investments in Extra-Hotel Accommodations on the Rise

Italy ranks seventh in Europe for the tourism sector's contribution to the national GDP, highlighting its pivotal role in the country's economy. With an estimated expenditure of 155 billion euros in 2023, tourism serves as a strategic growth engine, significantly contributing to GDP, job creation, and cultural enrichment. Recent data…
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