Business News
Surplus Shallots, Ministry of Agriculture: No Imports Needed
The Ministry of Agriculture said that shallot production is in surplus and can be met domestically until May 2022. That way, there is no need to import shallots. This was revealed from the prognosis data for the strategic food commodity balance of the Ministry of Agriculture, which was presented in…
EU Set to Allocate 50 Million Euros to Support Italy's Agriculture
A European meeting on agriculture has discussed using emergency funds for the industry and allocating 50 million euros ($55 million) to support Italian businesses in the sector, Agriculture Minister Stefano Patuanelli said on Tuesday. The minister added that Italy would itself allocate a further 100 million euros to co-finance the…
Luhut Assures Singaporean Investors of Investment Prospects in Indonesia
Luhut Binsar Pandjaitan assured investors in Singapore that they would see bright investment prospects in Indonesia following the economic transformation that is being carried out in the country. In a dialogue with investors at the Singapore Marriott Hotel on Tuesday (22/3), Luhut conveyed the prospect, starting from macroeconomic conditions to…
Proudly, the Largest Dragon Fruit Producing Region in Indonesia Starts Exporting
Many people may not know that Banyuwangi is the largest dragon fruit-producing area in Indonesia. Data from the Banyuwangi Agriculture and Food Service noted that the area of dragon fruit plants in the local district is currently around 3,786 hectares, with production reaching 82,544 tons per year. With that much…
