Business News
Italy Witnesses Strong Investor Demand in €15 Billion Bond Sale
In the opening days of 2024, Italy experienced robust investor demand, nearly 10 times the targeted €15 billion ($16.41 billion), in a debt sale signaling optimism for Rome amid anticipated challenges in the coming year. The planned issuance involved €10 billion from a new seven-year bond and €5 billion from…
Governor Optimistic That Shrimp Estate Will Boost Economy
Governor Sugianto Sabran of Central Kalimantan is optimistic about the shrimp estate program's potential to unify sectors and boost the region's maritime and fisheries industry, aligning with the national target of two million tons of shrimp production by 2024. During a visit to Sungai Raja Village's shrimp estate in Sukamara…
Aiming for Export Markets, This Brown Sugar Producer Develops a Healthy Kitchen
PT Pertamina (Persero) has extended a grant to CV Bunga Palm, a brown sugar producer in Purbalingga, Central Java, to enhance their production quality. The equipment donated by Pertamina is aimed at establishing a healthy kitchen for hundreds of coconut sap tappers under CV Bunga Palm's wing, ensuring that the…
The Investment Target for 2024 Set at IDR 1,650 Trillion, The Ministry of Investment or the Investment Coordinating Board (BKPM) States: Quite Challenging
The Ministry of Investment or the Investment Coordinating Board (BKPM) has expressed that achieving the investment target of IDR 1,650 trillion by 2024 presents a considerable challenge. This target marks an increase from the 2023 goal of IDR 1,400 trillion. Nurul Ichwan, Deputy for Investment Promotion at the Ministry of…
