Business News
August 2022 Trade Balance Forecasted to Continue Surplus USD 3.7 Billion
Economist Irman Faiz estimates that Indonesia's trade balance in August 2022 will post a surplus of US$3.7 billion. "This is because exports are still growing at around 20.3% on an annual basis, while imports are growing at 32.1% on an annual basis," he told Bisnis, Wednesday (14/9/2022). Faiz said that…
The USD 100 Billion in Investments to Rebuild Italy Infrastructure
What sort of firepower is Italy deploying to revitalize its infrastructure network? The investment figures can be hard to decipher, because funding for projects being overseen or planned at the Ministry for Infrastructure and Sustainable Mobility (MIMS) comes from the European Union, the Next Generation EU-backed National Recovery and Resilience…
Garut Represents Indonesia in Participating in The Fashion and Leather Product Design Exhibition in Italy
Garut Regency, West Java, had the opportunity to participate in the fashion industry exhibition and design of leather products at the 2022 Lineapelle Leather Fair which will be held in Milan, Italy during 20-22 September 2022. “Yes, the target of the local government itself is that we can communicate (with…
Bali Routinely Exports Cocoa to Foreign Markets
The province of Bali is not only famous for its beautiful tourist attractions. However, Bali has excellent cocoa centers that have the potential for export to fill foreign markets. One of the cooperatives in Bali that regularly exports cocoa is the Kerta Semaya Samaniya Cocoa Cooperative. I Ketut Wiadnyana, the…
