Business News
Fore Coffee, Second Indonesian Coffee Brand That Opens Outlet in Singapore, Sells 3,000 Cups in the First Week
Fore Coffee, a local coffee startup in Indonesia, officially opened its first international outlet in Singapore on Thursday, November 9, 2023. This marks the establishment of the second local coffee brand in the lion city. The opening represents a historic achievement for the local brand in bringing the delightful culture…
Investment in Lampung Reaches IDR 7.9 Trillion in Q3
The Investment and Integrated One-Stop Service Agency (DPMPTSP) of Lampung Province records that the investment realization in the region has reached IDR 7.9 trillion until the third quarter of 2023. Yudhi Alfadri, the Head of DPMPTSP Lampung Province, stated, "The investment realization in Lampung until the third quarter totals IDR…
South Sumatra's Economy Grows by 5.08% in Q3-2023
The Central Statistics Agency (BPS) reports that the economic growth of South Sumatra (Sumsel) in the third quarter of 2023 reached 5.08% year-on-year (YoY). This growth is relatively higher than the national economic growth, which stood at 4.94%. Moh. Wahyu Yulianto, the Head of BPS Sumsel, explains that the economic…
National Car Sales in October 2023 Increase to 80,271 Units
In October 2023, national car sales rose by 0.44%, reaching 80,271 units compared to September 2023, which saw 79,919 units sold. According to data from the Indonesian Automotive Industry Association (Gaikindo) on Monday, November 13, the sales of four-wheeled vehicles last month increased by only 352 units. However, national car…
