Business News
Italy's Economy Stagnates In Q3 And Inflation Slows Sharply
Italy's economy stagnated in the third quarter from the previous three months, preliminary data showed on Tuesday, a weaker reading than expected following a 0.4% contraction in the second quarter. On a year-on-year basis, gross domestic product in the euro zone's third largest economy was also flat, national statistics bureau…
South Sumatra's Trade Records a USD 3.80 Billion Surplus in Q3
The trade balance in South Sumatra Province (Sumsel) until the third quarter or September 2023 showed a surplus of USD 3.80 billion. Denny Handoyo Supriatman, Head of the Financial Training Institute (BDK) in Palembang, stated in Palembang on Monday that this trade balance was contributed by the export value until…
Indonesia Promotes Coffee Exports To Qatar
Indonesia wants to strengthen cooperation with Qatar across various sectors, including coffee exports, Indonesian Ambassador to Qatar Ridwan Hassan has said. Speaking at the opening of the “Growing Kopi, Drinking Qahwa; Stories of Coffee in Qatar and Indonesia” exhibition in Qatar on October 28, the ambassador stressed that coffee transcends…
Industrial Downstreaming Boosts Metal Sector Growth by 11.49%
The Ministry of Industry (Kemenperin) is actively promoting industrial downstreaming as a key strategy to enhance the performance of the manufacturing sector in Indonesia. By the second quarter of 2023, the metal sector had recorded a growth rate of 11.49%, surpassing the national economic growth rate of 5.7%. "In the…
