Business News
Trade Balance of South Sulawesi Maintains Surplus for 47 Consecutive Months
The Directorate General of Customs and Excise (DJBC) in South Sulawesi recorded that as of December 2023, the trade balance of South Sulawesi remains in surplus, amounting to approximately USD 1.18 billion or equivalent to IDR 18.5 trillion (at the exchange rate of IDR 15,700). Stefanus Palinggi, Head of the…
Ministry of Tourism and Creative Economy Aims to Boost US Tourist Visits Through "New York Travel and Adventure Show (NYATS) 2024"
The Ministry of Tourism and Creative Economy, through the Indonesian Agency for Creative Economy (Kemenparekraf/Baparekraf), actively participated in the renowned New York Travel and Adventure Show (NYTAS) 2024, held on January 27-28, 2024. The event, situated at Javits K Center, New York, attracted over 21,500 visitors, making it the largest…
Indonesia Ranks Second as the World's Largest Broom Exporter, Promising Market Share
Indonesia has secured the second position as the world's largest exporter of brooms after China. According to Volza data as of December 23, 2023, Indonesia has exported brooms overseas 4,700 times, involving 307 exporters and 459 buyers. In international trade, broom and brush products made from branches or plant materials…
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…
