Business News
Italian Economy Anticipates Six Billion Euro Boost During Immaculate Conception Weekend
A survey conducted by CNA Turismo e Commercio predicts a substantial economic impact of six billion euros during the Immaculate Conception weekend, spanning from Thursday, December 7th, to Sunday, December 10th. This forecasted turnover is expected to surpass the 2019 performance, indicating a positive shift for the tourism sector and…
Export of Frozen Frog Legs from South Sumatra Reaches IDR 2.3 Billion
The Animal, Fish, and Plant Quarantine Agency notes that frozen frog legs have emerged as a potential export product from the South Sumatra Province. According to data from the South Sumatra Quarantine Agency on December 8, 2023, 17,076 kilograms of frozen frog legs were exported to France, totaling IDR 2.3…
Micro, Small, and Medium Enterprises (MSMEs) Festival in Buleleng: Support for Local Products
The Pendopo hosts the Buleleng MSME Festival as part of its commitment to local product development, held at Living World Denpasar. Spanning four days from December 7th to 10th, 2023, Pendopo, a Kawan Lama Group venture, serves as a hub for local MSMEs. Having partnered with over 200 MSMEs nationwide,…
First Week of December, Bank Indonesia Records Foreign Capital Inflow of IDR 4.1 Trillion
Bank Indonesia (BI) recorded a net inflow of foreign capital into the domestic financial market from December 4th to 7th, 2023, amounting to IDR 4.1 trillion. Erwin Haryono from BI's Communication Department clarified that this figure comprised IDR 1.14 trillion of foreign capital inflow into the Government Securities (SBN) market…