Business News
The Biak Regency Explores Fishery Exports to America and China
The Fisheries and Trade Office of Biak Numfor Regency, Papua, is exploring opportunities to export local fisheries products to the United States and China, aiming to utilize the measured fisheries ecosystem's zone two status, which allows exports to Japan, the United States, and China. Effendi Igirisa, the head of the…
Construction Industry Receives IDR 8.02 Trillion Investment in First Quarter
Construction is a significant contributor to investment realization in Indonesia, as per data from the Ministry of Investment/BKPM. Domestic Investment (PMDN) in the construction sector amounted to IDR 5.29 trillion across 33,125 projects. Meanwhile, Foreign Direct Investment (PMA) stood at USD 182.1 million or approximately IDR 2.73 trillion (at an…
World Travel & Tourism Council: Tourism Increasingly Becomes Economic Engine
Tourism continues to be a significant driver of the Italian economy, with over EUR 223 billion expected to flow into the country's coffers from this sector. This estimate comes from the Economic Impact Research conducted by the World Travel & Tourism Council (WTTC). These figures surpass the highly impactful EUR…
Inovac Cooperative Exporting Aceh's Flagship Commodity, Patchouli Oil, to France
The Innovation Producer Cooperative Nilam Aceh (Inovac), in synergy with PT Nat' Green, has established a subsidiary, PT UGreen Aromatics International (UGreen), exporting 1.2 tons of raw materials for fragrance production, valued at IDR 1 billion, to France. Nadia, Chairperson of Inovac Cooperative, explained that through UGreen, the cooperative regularly…
