Business News

Ministry Prioritizes Four Regions for Tourism Promotion, Rebound Programs

The Tourism and Creative Economy Ministry is planning to prioritize four regions for its stimulus and promotion program aimed at recovering the pandemic-battered tourism industry, officials have said. According to the ministry’s data, the four priority regions are Batam and Bintan Island in Riau Islands, Bandung and Cirebon city in…

Number Three in the World, Indonesian Rattan Exports Translucent IDR 5.1 Trillion

Minister of Trade Agus Suparmanto said that Indonesia is the third largest rattan producer in the world after China and Vietnam. Even in the January-August 2020 period, exports of Indonesian rattan products reached US $ 357.17 million or the equivalent of Rp.5.1 trillion (exchange rate of 14,338 per US dollar).…

The EU Can Improve the Political Sustainability of Next Generation EU by Making it a Long-term Structure

The EU member states’ swift agreement to set up a far-reaching, albeit temporary, stabilisation capacity and to issue Eurobonds as part of the Recovery and Resilience Facility (RRF) in July 2020 took many political observers by surprise (e.g. Corsetti et al. 2020, Garicano 2020, Giavazzi and Tabellini 2020). After all,…

Ministry of Agriculture Exports 327 Tons of Veterinary Medicine Raw Materials to European and Asian Markets

The Ministry of Agriculture (Kementan) released the first export of raw materials from animal origin preparations premix, in this case Feed Supplement in the form of Tryptophan Granule (animal feed amino acid) produced by PT. Cheil Jedang Indonesia. Total exports were 327 tonnes with a value of USD1.5 million or…
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