Business News

Airlangga Encourages Livestock Corporations to Move the Village Economy

Coordinating Minister for Economic Affairs Airlangga Hartarto encourages integrated corporations with the sheep farming cluster model so that they can rotate the people's economy more quickly, especially in rural areas. “First, sheep have a shorter cycle. The second is expected to be a substitute for beef and animal protein, and…

EU Industrial Production Rebounds, Economic Sentiment Hit: Eurostat

European Union (EU) industrial production rebounded, but retail sales continued to rise at a slower pace in February 2022, according to data from Eurostat, which said by contrast, EU economic sentiment dropped substantially in March, likely due to the uncertainty arising out of the Russian war against Ukraine, but still…

EU Commission Publishes Proposed GI Regulations for Non-Agricultural Products

Further to the earlier notified EU consultation on extending geographical indication (GI) protection to non-agricultural products, the EU has now proposed a framework to protect craft and industrial products that rely on the originality and authenticity of traditional practices from their regions. As earlier discussed, EU-wide GI protection is currently…

The Ministry of Cooperatives and Micro, Small and Medium Enterprises (MSMEs) Wants Mentawai Products to be as Famous as Marine Tourism

The Ministry of Cooperatives and SMEs wants Micro, Small and Medium Enterprises (MSMEs) in the Mentawai Islands, West Sumatra (West Sumatra), to increase their regional superior products to balance marine tourism in the region which is very well known in the world. “Mentawai tourism is very famous in the world,…
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