Business News
Indonesia Records Potential Transactions of IDR 46 Billion at International Tourism Exhibition in Madrid
Indonesia has recorded potential transactions worth 2.725 million Euros (approximately IDR 46.6 billion) at the Feria Internacional de Turismo (FITUR) 2024 international tourism exhibition held in Madrid, Spain, from January 24 to 28. The Indonesian Embassy in Madrid (KBRI Madrid) is optimistic that Indonesia's successful participation in FITUR will contribute…
Indonesian Economy Among the World's Best, Says Bank Indonesia Governor
The Governor of Bank Indonesia (BI), Perry Warjiyo, has lauded Indonesia's economic performance in 2023, considering it commendable and outstanding. With an estimated growth of five percent, Indonesia's economy performed remarkably well amid global uncertainties and economic downturns in various countries. Governor Perry highlighted Indonesia's economic achievements, stating it as…
FHA-Food & Beverage 2024 Opens Opportunities for the Indonesian Culinary Industry to Enter the Global Market
The FHA-Food & Beverage 2024, slated for April 23-26, 2024, at Singapore EXPO, offers Indonesian businesses a prime opportunity to showcase their products to a global audience. Beyond showcasing, it serves as a platform for Indonesian F&B entrepreneurs to grasp global trends, explore new opportunities, and expand business horizons. Event…
IFEX 2024 Drives Indonesian Exports Through High-Quality International Furniture and Craft Exhibition
Indonesia's furniture and craft industry, while historically robust in contributing to export value, faced challenges in 2023 with a notable decline in the export market, dropping from USD 2.5 billion in 2022 to USD 1.8 billion in the third quarter of 2023, a 28% decrease attributed to geopolitical tensions and…