Business News

Gunungkidul Investment Surpasses Target, Reaching IDR 451 Billion

The Department of Investment and Integrated Licensing (DPMPTSP) in Gunungkidul, Yogyakarta, has reported a notable achievement in investment, surpassing the set target for the period from January to mid-November 2023. The recorded investment in the region reached IDR 451 billion, exceeding the 2023 target of IDR 447 billion. Agung Danarto,…

Investment in Kota Batu Surpasses IDR 1.15 Trillion

The economic revival in Kota Batu is accompanied by robust growth in investment realisation, surpassing the figures for the entire year of 2022. As of the end of October 2023, the recorded investment realisation in Kota Batu has exceeded IDR 1.15 trillion, with a registered basic capital of IDR 5.1…

Probolinggo Regency Achieves Milestone in Konjac Powder Export to China

Probolinggo Regency in East Java, facilitated by PT Probolinggo Big Power, marked a significant milestone by officially exporting 57 tons of konjac powder, also known as porang flour, to China. The inaugural export ceremony featured traditional elements like tumpeng cutting, gong striking, and jasmine garland cutting, overseen by Sahat Manaor…

Indonesian Ministry of Industry Highlights Jewelry Industry as a Key ASEAN Sector

The Balai Besar Standardisasi dan Pelayanan Jasa Industri Kerajinan dan Batik (BBSPJIKB) of the Ministry of Industry (Kemenperin) underscores the jewelry industry as a strategic sector for the economies of Indonesia and other ASEAN countries. The Acting Head of BBSPJIKB, Hagung Eko Pawowo, revealed that the total demand for jewellery…
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