Business News
Indonesia Targets USD 494 Million in Exports to Iran by 2030
Trade Minister Zulkifli Hasan, known as Zulhas, has set an ambitious target for Indonesia’s exports to Iran, aiming to reach USD 494 million (IDR 8.03 trillion at IDR 16,269 exchange rate) by 2030. This target hinges on the approval of the Preferential Trade Agreement (PTA) between Indonesia and Iran. At…
MotoGP Mandalika Economic Potential Expected to Reach IDR 500 Billion by 2025
Indonesia's experience hosting the MotoGP Mandalika, one of the world's most thrilling motorcycle racing events, has significant economic potential, estimated to generate IDR 500 billion. Following an internal meeting with President Joko Widodo at the Presidential Palace Complex in Jakarta on Tuesday, 9 July 2024, Minister of Tourism and Creative…
Italian Exports Show Resilience and Global Opportunities
The Italian economy, valued at over EUR 650 billion or one-third of the GDP, has shown resilience amid geopolitical uncertainties but holds potential for further growth. This can be achieved by increasing the share of exporting SMEs, exploring new African and Asian markets, addressing digitalization, energy transition, and sustainability, leveraging…
Reaching IDR 4.59 Trillion, BPS Reports May 2024 Export Value Through Ports in North Kalimantan Up by 100%
The export value of commodities through ports in North Kalimantan doubled by approximately 100.94% in May 2024, as reported by the North Kalimantan Central Statistics Agency (BPS). The total export value reached USD 280.99 million, equivalent to IDR 4.59 trillion (based on the BI middle rate on July 5: IDR…
