Business News

Indonesia Aims for $105 Billion Investment by 2024 with Downstreaming Focus

Investment Minister Bahlil Lahadalia emphasizes that achieving Indonesia's investment target of Rp1,650 trillion (approximately USD 105.67 billion) by 2024 hinges on a downstreaming strategy, especially in sectors embracing sustainability principles. This policy aligns with the government's commitment to fostering economic growth surpassing five percent, with a primary focus on downstreaming…

Italian Economy Anticipates Six Billion Euro Boost During Immaculate Conception Weekend

A survey conducted by CNA Turismo e Commercio predicts a substantial economic impact of six billion euros during the Immaculate Conception weekend, spanning from Thursday, December 7th, to Sunday, December 10th. This forecasted turnover is expected to surpass the 2019 performance, indicating a positive shift for the tourism sector and…

Export of Frozen Frog Legs from South Sumatra Reaches IDR 2.3 Billion

The Animal, Fish, and Plant Quarantine Agency notes that frozen frog legs have emerged as a potential export product from the South Sumatra Province. According to data from the South Sumatra Quarantine Agency on December 8, 2023, 17,076 kilograms of frozen frog legs were exported to France, totaling IDR 2.3…

Micro, Small, and Medium Enterprises (MSMEs) Festival in Buleleng: Support for Local Products

The Pendopo hosts the Buleleng MSME Festival as part of its commitment to local product development, held at Living World Denpasar. Spanning four days from December 7th to 10th, 2023, Pendopo, a Kawan Lama Group venture, serves as a hub for local MSMEs. Having partnered with over 200 MSMEs nationwide,…
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