Business News

Half a Million Tons of Rice Imports Targeted to RI Tomorrow, 15 February

Main Director of Perum Bulog Budi Waseso targets that half a million tons or 500 thousand tons of imported rice will arrive in Indonesia on February 15 2023, and be distributed directly to the public.Apart from that, his party will also buy rice from local farmers when the main harvest…

Indonesia's Economic Growth in 2023 Will Remain Resilient Supported by the Domestic Sector

The turmoil in the global economy is showing signs of abating. This is an opportunity for the Indonesian economy in 2023.Bank Mandiri Chief Economist Andry Asmoro estimates that Indonesia's economic growth in 2023 will be at the level of 5.04% YoY.Andry said that Indonesia's economic growth in 2023 will remain…

RI Exports Processed Food Products to Saudi Arabia, From Jengkol to Seblak

Indonesia exports various processed food products to Jeddah, Saudi Arabia with a total value of US$453,000. There are 22 processed food products exported under the Helda's Snack brand produced by PT Safeline Indonesia.The food products consist of spicy jengkol, original rengginang, savory rengginang, fried tempeh, lime leaf tempeh, balado sticks,…

Food Industry Shoots to the Top of Italian Economy, Accounting for 580 Billion Euros

The recovery of tourism after the pandemic has boosted the Italian food industry, which has become Italy’s top single asset to the tune of a record 580 billion euros in the last year despite the energy crisis linked to the war in Ukraine, farmers’ group Coldiretti said in a report…
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