Business News
East Kalimantan's Trade Balance Records USD 1.3 Billion Surplus In July
The trade balance of East Kalimantan Province (Kaltim) in July 2023 achieved a surplus of USD 1.3 billion, comprising both oil and gas (migas) and non-migas commodities. This surplus mainly stemmed from the non-migas trade, with a surplus of USD 1.48 billion, offset by the migas sector's deficit of USD…
Indonesia-Kenya Bilateral Trade Value Reaches USD 507 Million
President Joko Widodo (Jokowi) revealed that the bilateral trade value between Indonesia and Kenya continues to increase. In 2022, it reached USD 507 million. The increase in trade amounting to USD 507 million in 2022 needs to be expanded by exploring various other opportunities. He also emphasised that Indonesia and…
Investment Potential of North Kalimantan Exceeds IDR 10 Trillion
The market value of investment potential in North Kalimantan has reached over IDR 10 trillion, according to data contained in 17 Investment Project Ready to Offer (I-PRO) documents that have been compiled. These I-PROs cover various sectors, namely infrastructure, food security, agriculture, downstream industries, tourism, energy, and green industrial zones…
Government's Strategy to Increase Production in Italy's Automobile Industry, Stellantis
Italy's Minister of Enterprises and Made in Italy, Adolfo Urso, has outlined plans to increase automotive production in Italy after over two decades of consistent decline. In response to questions about Stellantis' CEO stating that production will be increased where it's most cost-effective, Urso mentioned that negotiations with Stellantis will…
