Business News
Indonesia and Macau Explore Economic and Tourism Potentials
In a proactive move to sustain the post-pandemic economic recovery, the Consulate General of the Republic of Indonesia (KJRI) in Hong Kong has engaged with Macau in a series of meetings, emphasizing the economic, trade, and tourism potentials between the two regions on December 13, 2023. During the meeting with…
Inovac Exports Patchouli Oil from Aceh Worth IDR 1 Billion to France
The Aceh Innovation Patchouli Producer Cooperative (Inovac), in collaboration with PT Nat’ Green, a subsidiary of PT UGreen Aromatics International (UGreen), exported a total of 1.2 tons of raw materials for patchouli and nutmeg perfume production valued at IDR 1 billion to France. Inovac Cooperative, formed by Syiah Kuala University…
Optimism for 2024, As 85% of Italian Companies Express Confidence
A recent survey conducted by Qonto, a European business finance solution, in collaboration with market research company Appinio, reveals positive sentiments among European businesses for the year 2023, extending into 2024. The survey involved 2,000 executives across France, Germany, Italy, and Spain. The survey outcomes highlight the prevailing optimism for…
The Capital City Authority Claims Acquisition of 320 LoIs, 55% from Domestic Investors
The Capital City Authority (Otorita Ibu Kota Nusantara or OIKN) has reported securing 328 Letters of Intention (LoI) as of December 15, 2023, with approximately 55% originating from domestic investors focused on the development of the national axis sector. The upcoming Groundbreaking 3, scheduled for December 20-21, 2023, will…
