Business News

Ministry of Cooperatives and SMEs Aims for 5.8 Million MSMEs to Enter Digital Platforms in 2024

The Ministry of Cooperatives and SMEs (KemenkopUKM) targets 5.8 million MSMEs to be able to onboard the digital ecosystem by 2024. This is a follow-up to achieving the target of 30 million MSMEs going digital. "The continuation of the digital transformation of MSMEs. We have a target of 30 million…

Bali Remains the Flagship of Foreign Tourists to Indonesia

The economic recovery in the tourism sector throughout 2022 has improved. This is reflected in the number of foreign tourist visits (tourists) which has an increasing trend from month to month. In September alone, the number of foreign tourist visits reached 538,300. This figure has increased by 5.50% (mtm) and…

Basic Metal Industry Exports Increase by 53.18%, Steel is the Largest Contribution

The Central Statistics Agency (BPS) reported that the export volume of the base metal industry reached 12.37 million tons during the January-August 2022 period. The volume increased 53.18% compared to the same period the previous year which was only 10.42 million tons. Iron/steel is the export commodity of the base…

This is the Main Destination Country for Indonesian Jewelry Exports until August 2022

The Central Statistics Agency (BPS) reported that the export value of Indonesian jewelery and valuables during the January-August 2022 period had reached USD 2.71 billion or around IDR 40.8 trillion (exchange rate of IDR 15,000 per US dollar). This value jumped 54.81% over the same period the previous year. In…
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