Business News
Indonesia's trade balance continues its positive performance despite the global economic slowdown.
In February, Indonesia's trade balance continued to show a surplus of USD 0.87 billion. Cumulatively, Indonesia's trade surplus from January to February 2024 reached USD 2.87 billion. Febrio Kacaribu, Head of Fiscal Policy Agency at the Ministry of Finance, explained that the continuation of the trade surplus reflects Indonesia's resilient…
Indonesia and ASEAN members discuss blue economy collaboration in BIMP-IMT.
Indonesia engages in collaborative blue economy strategy discussions between the Indonesia-Brunei-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) and the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) with fellow ASEAN member countries at the Strategic Planning Meeting BIMP-EAGA in Sarawak, Malaysia. "This strategy aligns with Indonesia's ASEAN Chairmanship priorities for 2023, which includes a focus…
Center for Tobacco Industry Planned to be Built in Garut
A Focus Group Discussion (FGD) on the Feasibility Study of the Tobacco Product Industry Center (SIHT) was held in Garut Regency on Friday (March 15, 2024), attended by Acting Regent Barnas Adjidin. The event, organized by the Department of Industry and Trade (Disperindag) of West Java Province, aimed to discuss…
The outlook for Italian tourism in 2024 "is very positive."
Bernabò Bocca, president of Federalberghi and Sina Hotels, expresses optimism about the growth of Italian tourism in 2024 following a "very positive" 2023, especially for art cities. Bocca highlights the significant increase in American tourists, who are spending generously and favoring luxury accommodations. Despite concerns about the decline in Russian…