Business News
The Outlook for Italian Tourism in 2024 is Very Positive
Bernabò Bocca, president of Federalberghi and Sina Hotels, expresses optimism about the growth of Italian tourism in 2024 following a "very positive" 2023, especially for art cities. Bocca highlights the significant increase in American tourists, who are spending generously and favoring luxury accommodations. Despite concerns about the decline in Russian…
Aiming for IDR 1.650 Trillion, Investment Driven to Spread Across Indonesia
The Ministry of Investment/BKPM targets investments worth IDR 1,650 trillion in 2024, up from IDR 1,400 trillion in 2023. Nurul Ichwan, Deputy for Investment Promotion at BKPM, emphasizes the promotion of investment potentials no longer being centralized in Java Island but spreading across various islands. Nurul notes that investment distribution…
The Riau Islands (Kepri) Goes Global as a Producer of Halal Products, Garnering IDR 120 Billion from Exports
The Riau Islands (Kepri) solidifies its position as one of the foremost halal product producers in Indonesia and globally, evidenced by achieving halal product exports totaling IDR 120 billion between 2022 and 2023. Governor Ansar Ahmad credits the Bintan Industrial Estate, particularly the Bintan Core Halal Hub, for playing a…
The Government Encourages 10 Local Furniture SMEs to Penetrate Export Markets
The Ministry of Industry is actively supporting small and medium-sized furniture industries (IKM) by facilitating their participation in national and international exhibitions, such as the Jogja International Furniture and Craft Fair Indonesia (JIFFINA). JIFFINA 2024, held at Jogja Expo Center from March 2nd to 5th, marks its 8th year, showcasing…
