Business News

Green Investment Key to Tourism Development

Green investment, characterized by environmentally conscious capital infusion into industries, is deemed a pivotal element in the future development of the tourism sector. Indonesian Minister of Tourism and Creative Economy/Head of the Tourism and Creative Economy Agency, Sandiaga Salahuddin Uno, concurs with this perspective. He perceives the future development of…

Indonesian Tourism Enthusiasts and Macau Strengthen Business Collaboration

The Indonesian Association of Travel Agents (Astindo), Macao Travel Agency Association (MTAA), and MLTSIA (Macao Leisure Tourism Services Innovation Association) have solidified a business partnership by signing a memorandum of understanding (MoU) to advance cooperation in tourism, innovation, and sustainable growth between Macau and Indonesia. Pauline Suharno, President of Astindo,…

Robust Foreign Investment in Indonesia Reaches IDR 363 Trillion

Indonesia's foreign direct investment (FDI) sector is experiencing remarkable growth, reflecting an optimistic outlook. According to ASEAN Briefing, Indonesia attracted IDR 363 trillion (USD 23 billion) in foreign investment and IDR 315 trillion (USD 20.4 billion) in domestic investment during the first half of 2023. Comparing this to the estimated…

Indonesia and China's Mutually Beneficial Industries

The 3rd Overseas Chinese Trade Fair (OCTF) (Jakarta) Intelligent Technology Exhibition opened at JIEXPO, Jakarta, inaugurated by Deputy Minister of Trade Jerry Sambuaga on Tuesday (28/11). The exhibition's theme, "Technology Changes Lifestyle, Innovation Leads the Future," emphasizes the pivotal role of technology in shaping lifestyles and driving future innovation. The…
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