Business News

Jokowi Shows Exports Rise up to 37%, Regions Don't Hinder!

President Joko Widodo (Jokowi) appreciated the skyrocketing number of Indonesian exports this year. The export value was recorded at US$ 142 billion during January-August 2021, growing 37.7% year-on-year (YoY). For this reason, Jokowi reminded the regions to take advantage of the current high exports. Do not let the region make…

Ministry of Trade Improves the Quality of Trade Expo Indonesia 2021

The Ministry of Trade stated that it was ready to revive global trade which had experienced sluggishness through the 36th Trade Expo Indonesia Digital Edition (TEI-DE). To that end, the Ministry of Trade through the Directorate General of National Export Development seeks to improve the quality of the 2021 TEI-DE…

Sandiaga Uno: The Rise of Indonesia as the Epicenter of World Coffee Starts from Aceh

The Minister of Tourism and Creative Economy (Menparekraf) of the Republic of Indonesia Sandiaga Salahuddin Uno believes coffee can become Aceh's mainstay commodity in the future. According to Sandiaga, Aceh coffee has a high taste coupled with good processing techniques. Not only being a champion in the country, Aceh coffee…

WSBK, MotoGP to Have Multiplier Effect on Economy: ITDC

Motorcycle racing events -- the World Superbike (WSBK) and MotoGP 2022 -- in the Mandalika Special Economic Zone, Lombok, West Nusa Tenggara (NTB), will have a multiplier effect on the economy, Indonesia Tourism Development Corporation (ITDC) stated. "We believe that the motorcycle racing event that will take place in Mandalika…
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