Business News
Indonesian Coffee Dominates the Egyptian Market, Export Value Reaches IDR 1.46 Trillion
Indonesian coffee products have successfully dominated the coffee market in Egypt, with export values totaling USD 92.96 million or IDR 1.46 trillion in 2023. This export value constitutes 42.69% of the coffee market share in Egypt, making Indonesia the largest coffee exporter to Egypt globally. According to Indonesian Ambassador to…
Riau Provincial Government Sets Up 150 MSME Stands at Indonesian Proud Movement Event
The Provincial Government of Riau has allocated 150 mini-stage booths for promoting products, services, and branding for micro, small, and medium-sized enterprises (MSMEs) in the 2024 Indonesian Proud Movement (Gernas BBI). These booths aim to showcase a variety of local MSME products, potentially fostering a dual economic impact for the…
Consumer Optimism towards Indonesian Economy Strengthens
Consumer Confidence Survey by Bank Indonesia in March 2024 indicates an increase in consumer confidence towards the economic conditions compared to the previous month. This is reflected in the Consumer Confidence Index (CCI) for March 2024 at 123.8, higher than the 123.1 recorded in the previous month. Erwin Haryono, Head…
Made in Italy: Exports Account for One-Third of Our Wealth
Italy's export sector, driven by manufacturing, remains a formidable force in Europe, boasting a €626 billion contribution to the economy in 2023, nearly one-third of its GDP. Despite encountering challenges in 2023, such as disruptions in global trade routes due to international conflicts, Italy has experienced significant export growth over…
