Business News

The Export of Indonesian Coffee Has Sharply Increased by 35.71%

The Central Statistics Agency (BPS) reported that Indonesia's coffee exports amounted to USD 1.14 billion with a volume of 433,780 tons in 2022. This showcased a 35.71% increase compared to the previous year, which stood at USD 842.52 million with a volume of 380,173 tons. Over the last decade, Indonesia's…

Tourism Boom in Italy in 2023: Record 8.1% Increase in Visitors

The year 2023 proved exceptionally positive for Italian tourism, concluding with a remarkable 445.3 million visitors in accommodation facilities, reflecting an impressive 8.1% surge compared to the previous year. This achievement surpasses the pre-pandemic levels of 2019, which recorded 436.7 million visitors. The Florence Tourist Studies Center for Assoturismo Confesercenti…

Indonesian Ministry of Finance Strengthens Policies to Boost Competitiveness of Manufacturing Sector

The Indonesian Ministry of Finance (Kemenkeu) is actively formulating policies aimed at continually enhancing the added value in the country's manufacturing sector. Febrio Nathan Kacaribu, Head of Fiscal Policy Agency at Kemenkeu, expressed the government's commitment to improving the competitiveness of the manufacturing sector to compete globally. Strategic policies are…

CV. Smart Batik Indonesia Achieves Milestone as Pioneer of Halal Batik Industry in Indonesia with Support from UKMK Sawit BPDPKS

Yogyakarta-based batik company, CV. Smart Batik Indonesia (Sm-art Batik), has made significant strides as a pioneer in the certified halal batik industry in Indonesia. Affiliated with the Independent Oil Palm Smallholders (UKMK Sawit) under the Oil Palm Plantation Fund Management Agency (BPDPKS), Sm-art Batik, established in 2018 by UNY alumni…
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