Business News
Italy to Invest More in Circular Economy-related Projects
Italy's government has received 222 project proposals for the circular economy from private companies to improve environmental protection, the Italian Ministry for Ecological Transition said Wednesday. The ministry said that the proposals would involve € 508 million (US$ 581 million) from a budget of € 600 million (US$ 686 million)…
Textile Export Targeted at IDR 171.6 Trillion, Indonesia Aims for European and US Markets
The textile and textile product (TPT) industry is optimistic that export performance will remain high at US$ 12 billion or around IDR 171.6 trillion throughout 2022. Secretary-General of the Indonesian Filament Yarn and Fiber Producers Association (APSyFI) Redma Gita Wirawasta said the projection was due to stable demand from the…
Customs and Excise Releases Initial Exports of Nickel to Woven Hats to Overseas
Customs and Excise have again released superior products such as nickel, palm shells, and woven hats to the Asian to European markets. Head of Sub-Directorate of Public Relations and Customs Extension Hatta Wardhana said that industrial downstream was a strategy in increasing the added value of a commodity. He added…
Invite Investors, President Jokowi Guarantees Investment Security in Indonesia
President Joko Widodo (Jokowi) stated his commitment to ensure the security of investment, both foreign and domestic investments in Indonesia. This commitment was conveyed by the Head of State during a speech at the 2022 Mandiri Investment Forum (MIF) themed “Recapturing the Growth Momentum” which was conducted online from the…
