Business News

Automotive Industry Drives Economic Growth in Indonesia; GIIAS 2023 Opens in Bandung

The city of Bandung stands as a crucial economic hub in West Java Province, where numerous economic transactions unfold. Johannes Nangoi, Chairman of the Indonesian Motor Vehicle Industry Association (GAIKINDO), emphasized this during the opening ceremony of the Gaikindo Indonesia International Auto Show (GIIAS) 2023 in Bandung on Wednesday (22/11/2023).…

Robust Economic Growth in NTB Surpasses National Average

H. Wirawan Ahmad, General Administration Assistant of the NTB Provincial Secretariat, affirms that the inclusive economic growth in the NTB Province surpasses the national average. According to NTB BPS data, the NTB economy in the first quarter of 2023, compared to the same period in 2022, experienced a growth rate…

Empowering Youth Entrepreneurs: Bandung's Cempor Program Thrives, Expands to Export Market

The Department of Youth and Sports (Dispora) in Bandung proudly announces the success of its Camp Entrepreneur (Cempor) program, revealing that businesses fostered through this initiative have already penetrated international export markets. This achievement is deemed commendable, marking a significant milestone. Head of Dispora in Bandung, Edi Marwoto, stated that…

Rise in Processed Palm Oil Exports as Stock Declines

In September, the production of Crude Palm Oil (CPO) surged by 7.5%, reaching 4,143 thousand tons compared to August's production of 3,855 thousand tons. Additionally, Palm Kernel Oil (PKO) production experienced a 7.6% increase, reaching 394 thousand tons from the previous month's 366 thousand tons. However, domestic consumption in September…
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