Business News
Bright Prospects, Ornamental Plants Have the Opportunity to Become Export Leads
Vice President (Wapres) Ma'ruf Amin said ornamental plants are one of the horticultural commodities that have bright prospects as leading export commodities. The Vice President said ornamental plants recorded positive export growth during Covid-19. Based on data from the Indonesian Export Financing Agency (LPEI), ornamental plant exports in 2021 were…
Base Metals Industry Grows 7.9% Q1 2022
The Ministry of Industry (Kemenperin) noted that the base metal industry grew 7.9% year on year (yoy) in the first quarter of 2022. The growth was driven by increased foreign demand such as ferrous alloy nickel and aluminum oxide products as well as national consumption activities in the iron and…
Mahfud MD Says Indonesia Can Become a Great Power of the World Economy in 2045
Coordinating Minister for Political, Legal and Security Affairs Mahfud MD stated that based on scientific calculations carried out by a number of credible institutions, by 2045 Indonesia could become the fourth or fifth economic power country in the world. Indonesia's position will be under China, India and the United States.…
Energy Imports Up 193.8% in April
Italy's energy imports rose an annual 193.8% in April, Istituto Nazionale di Statistica (ISTAT) said Friday. Imports from Russia rose 118.8% in value and imports from The Organization of the Petroleum Exporting Countries (OPEC) countries were 109.6% up in value terms, the stats agency said. Italian exports to Russia showed…
