Business News

Export Development in South Sulawesi Province Increases Significantly

Export developments in the Province of South Sulawesi experienced a significant increase of 221.64 percent from the condition of the same month in 2021 of US$ 136.71 million. In fact, this condition made South Sulawesi's trade balance experience a significant surplus after the export value grew by US$ 439.73 million.…

Bank Indonesia: Formula E Drives Jakarta's Economic Growth

Bank Indonesia noted that the implementation of Formula E Jakarta was able to encourage economic growth in the capital city in 2022. In its monthly report, BI stated that Formula E contributed to boosting investment, tourism and trade business performance. Bank Indonesia Jakarta Representative sees that there are new sources…

The Government Makes It Easy for MSMEs to Market Fishery Products to Foreign Countries

The Ministry of Maritime Affairs and Fisheries (KKP) is expanding its market network by cooperating with multinational banking and e-commerce. This is to provide convenience for micro, small and medium enterprises (MSMEs) to market their products to foreign countries."We continue to encourage an increase in exports as well as an…

Balinese Beruk Craft Offers Cultural, Economic Potential

Beruk craft made from coconut shells is not only a cultural heritage that needs to be preserved, but also has economic potential since it enjoys strong demand, both domestically and internationally. I Gede Suryawan, a beruk craftsman from Banjarangkan, Klungkung District, Bali, who showcased his products at the 44th Bali…
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