Business News
The Economy of Bali in Q3 2024 Grows by 5.43%, Tourism Sector Becomes the Main Supporter
Bali's economy in the third quarter of 2024 saw a robust growth of 5.43%, surpassing the 5.35% growth recorded in the same period of 2023. This positive performance highlights the resilience of the island's economy. Andy Setyo Biwado, Deputy Director of Bank Indonesia Bali Province, emphasized that the tourism sector…
Manufacturing Investment Realized at IDR 721.3 Trillion in 2024
Throughout 2024, investment in Indonesia's manufacturing sector reached IDR 721.3 trillion, marking a significant increase from the previous year. The sector played a major role in total investment, with foreign direct investment (FDI) and domestic investment nearly balanced. This growth reflects strong investor confidence in Indonesia's manufacturing industry. Such an…
Malang City Government Facilitates Export of Processed Food Products from MSMEs to Australia and New Zealand
The Malang City Government (Pemkot), East Java is ready to facilitate the export of processed food products owned by micro, small, and medium enterprises (MSMEs) to two countries, namely Australia and New Zealand at the end of February 2025. Head of the Cooperatives, Industry, and Trade Service (Diskopindag) of Malang…
Expanding the Cosmetic Raw Material Export Market to the Netherlands, The Hague Trade Attaché Holds Business Matching with Five Indonesian Exporters
The Indonesian Ministry of Trade held a business matching in the form of pitching Indonesian cosmetic products with the Trade Attaché (Atdag) of The Hague online on Monday 20th January 2025. This activity is an effort to identify the strengths of Indonesian cosmetic products while seeking opportunities for wider market…
