Business News
Indonesian Motorcycle Exports Soar by 35%
Motorcycle sales in Indonesia experienced a significant increase in May 2023. Not only that, but motorcycle exports also showed a remarkable surge. According to data from the Indonesian Motorcycle Industry Association (AISI), Indonesian-made motorcycle exports reached 55,743 units in May, which is a 35% increase compared to April 2023 when…
East Java's Q1 2023 Investment Reaches IDR 30 Trillion
Investment growth in East Java in 2023 is thriving, with a 27.1% year-on-year increase in the realization of foreign and domestic investment in the first quarter of 2023, amounting to IDR 30 trillion. This growth surpasses the national investment growth rate of 16.5% during the same period. Governor Khofifah Indar…
Ministry of Trade: West Papua Holds Significant Potential in Trade and Tourism
The Director General of Domestic Trade at the Ministry of Trade, Isy Karim, has emphasized the significant potential of West Papua Province in national trade and tourism. Isy explained that West Papua is rich in agricultural and forest products. Additionally, the province offers a diverse range of tourism products, from…
Indonesia Successfully Overcomes Pandemic Crisis, Achieves Economic Growth and Trade Surplus
According to Deputy Minister of Trade, Indonesia is among the countries that have managed to surpass the COVID-19 pandemic crisis. According to him, Indonesia's economy has grown significantly above 5%, with inflation below 6%. Indonesia has proven itself to overcome the pandemic. It is also stated that Indonesia's trade balance…
