Business News
Consistency in Export Performance to Support the National Economy
The Indonesian government is intensifying efforts to strengthen export performance, particularly focusing on exports related to tradable goods—items commonly traded internationally. Minister of National Development Planning (PPN)/Head of Bappenas, Suharso Monoarfa, highlighted during the Investor Daily Roundtable that consistent export performance is crucial for supporting the national economy and stabilizing…
Foreign Tourist Spending in Italy Reaches EUR 5.2 Billion
Foreign tourists in Italy are outspending Italian travelers abroad, with expenditures continuing to rise in the early months of 2024. According to a survey by the Bank of Italy on international tourism, this trend resulted in a EUR 2.8 billion surplus in Italy's tourism balance of payments by the end…
Indonesian Tuna Exports to Japan Gain Duty-Free Access
Indonesia’s tuna exports and several related products have recently secured duty-free access to Japan, a move expected to enhance the competitiveness and investment appeal of the Indonesian tuna industry. Budi Sulistiyo, Director General of Strengthening Competitiveness for Marine and Fisheries Products at the Ministry of Marine Affairs and Fisheries (KKP),…
Indonesia's Trade Surplus Projected to Rise to USD 2.67 Billion in July 2024
Indonesia's trade balance in July 2024 is expected to maintain a surplus, potentially increasing from the previous month. Josua Pardede, Chief Economist at Bank Permata, forecasts a surplus of USD 2.67 billion for July, up from June's surplus of USD 2.39 billion. This improvement is driven by a faster growth…
