Business News

Economic Growth of East Java Reach 5.24% in Q2/2023

The economic growth of East Java in the second quarter of 2023 has been recorded at 5.24% year on year (y-o-y), according to data from the Central Statistics Agency (BPS). This growth rate surpasses the national economic growth rate of 5.17% during the same period. In terms of quarter to…

Tourism Sector Acts As Catalyst For Driving Lampung’s Economic Growth

The Central Statistics Agency (BPS) released the Economic Growth of Lampung Province for the Second Quarter of 2023. In a year-on-year comparison, Lampung's economic growth stands out as the highest among provinces in Sumatra. Moreover, in a quarter-on-quarter comparison, Lampung experienced its peak growth in the second quarter of 2023,…

National Automotive Industry Able To Meet Global Standards

The automotive industry has played a significant role in supporting the national economic growth. This is demonstrated in the achievement of 26,658 unit sales of four-wheeled motor vehicles, valued at over IDR 11 trillion, at the GAIKINDO Indonesia International Auto Show (GIIAS) 2022. The Minister of Industry also commended GIIAS…

Bangka Belitung Facilitates Shipment of SMEs Sample Products To 4 Countries

The Provincial Government of Bangka Belitung Islands is facilitating the shipment of sample products from micro, small, and medium enterprises (MSMEs) to four countries as part of an effort to encourage entrepreneurs to accelerate their export market expansion. In the process of shipping sample products to potential buyers in Japan,…
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