Business News
Central Bank of Indonesia: Foreign Capital Inflow Reaches IDR 8.61 Trillion in the First Week of This Year
During the first week of January 2024, Indonesia's financial market experienced an influx of foreign capital. Based on Bank Indonesia's (BI) transaction data from January 2 to January 4, 2024, non-residents made net purchases totaling IDR 8.61 trillion. Erwin Haryono, Executive Director and Head of BI's Communication Department, revealed that…
Bali Great Sales Drive Local Economic Growth and Increase Tourist Visits
Deputy Regent of Badung, I Ketut Suiasa, alongside Indonesia's Minister of Women's Empowerment and Child Protection, I Gusti Ayu Bintang Darmayanti, attended the Bali Great Sale event at Discovery Mall Bali, Kuta, held on January 6, 2024. Notable attendees included officials from Bali's Provincial Government, such as I Made Widiana,…
Meeting the Domestic Market Demand, Inalum's Production Target for This Year is 274,140 Tons
Inalum, a state-owned company, has raised its aluminum production target for 2024 to 274,140 tons, up from 250,000 tons in 2023. The Chief Executive Officer, Danny Praditya, outlined plans to divide this target into three categories: Ingot, Alloy, and Billet, prioritizing these for the domestic market. Praditya emphasized their aim…
Bankitwangi's Organic Tea Aims for Market Expansion Through UMKM EXPO(RT) BRILIANPRENEUR 2023
Bankitwangi, a premium organic tea brand from Ciwidey, Bandung, West Java, is leveraging the UMKM EXPO(RT) BRILIANPRENEUR 2023, a program initiated by PT Bank Rakyat Indonesia (Persero) Tbk or BRI, to enhance its global presence. Eko Juliano, Head of International Business Development at PT Hasta Kencana Jaya (Group), overseeing PT…
