Business News
Mining Sector Dominates Investments in South Kalimantan, Surpassing IDR 3 Trillion in Q3
The mining sector continues to be the primary contributor to the revenue of the South Kalimantan Provincial Government. Investment realization figures for the period of July to September 2023 indicate that mining holds the top position in both domestic (PMDN) and foreign (PMA) capital investments. The Investment and Integrated One-Stop…
Indonesia's Import Value Rises by 7.68%, Reaching USD 18.67 Billion
The Central Statistics Agency (BPS) has released the import figures for Indonesia in October 2023. According to Pudji Ismartini, the Deputy for Distribution and Service Statistics at BPS, Indonesia's import value for October 2023 reached USD 18.67 billion, showing a 7.68% increase compared to September 2023. However, Pudji stated that…
Indonesian Building Materials Garner Transactions Worth IDR 240.6 Billion in Saudi Arabia
In a successful endeavor, Indonesian building materials secured transactions amounting to USD 15.33 million or IDR 240.6 billion at the Saudi Build 2023 exhibition held at the Riyadh International Convention & Exhibition Center (RICEC) in Riyadh, Saudi Arabia, from November 6 to 9, 2023. The Ministry of Trade (Kemendag) highlights…
Indonesia's Automotive Export Performance Improves, Surging by 11.1%
The Indonesian Automotive Industry Association (Gaikindo) reports a notable improvement in the performance of domestically produced vehicles, reflecting positive growth in the period of September-October 2023. The export of Completely Built-Up (CBU) units in October 2023 reached 46,875 units, marking a robust growth of 11.1% compared to the previous month's…
