Business News
Encourage Indonesian Culinary, Spice Exports in 2024 are Targeted at IDR 29 Trillion
The Ministry of Tourism and Creative Economy (Kemenparekraf) targets the export of spices and herbs to grow to US$ 2 billion or equivalent to Rp 29 trillion by 2024. One of its efforts is through the Indonesia Spice Up The World (ISUTW) program. The program aims to encourage Indonesian culinary…
Italian Economy to Grow 5.1% this Year, 4.4% in 2022 - Central Bank
The Italian economy will grow by 5.1% this year and 4.4% in 2022, posting a sustained recovery following the record COVID- induced contraction of 8.9% last year, the Bank of Italy forecast on Friday. In its quarterly economic bulletin the central bank estimated that gross domestic product grew by more…
Shiny Exports, Trade Balance Surplus US$ 11.9 B in Semester I
The Central Statistics Agency noted that the trade balance in June 2021 was a surplus of US $ 1.32 billion. The total trade balance surplus in the first half of this year reached US$ 11.86 billion. Head of BPS Maryo Yuwono explained that export performance was still increasing in June…
New Pelaung, Indonesian Porang Exports Increase 160 Percent
Deputy Minister of Trade (Wamendag) Jerry Sambuaga said continuous efforts were needed so that Indonesia became a major player in the trade and industry of Porang (konjac). According to him, the Porang market is very large and Indonesia has not been included as the top five exporters in the world.…
