Business News
Dop Excellence: Veneto Leads in Italy, FVG Shows Growth
Italy's "Dop economy," emblematic of the country's agri-food excellence under the Made in Italy label, reached an unprecedented milestone in 2022, surpassing USD 20 billion in revenues. In this thriving landscape, the North East, notably Veneto, emerges as a prominent player. Veneto maintains its position as the national leader in…
With Tremendous Potential, Sales of Traditional Herbal Medicines and Jamu Projected to Reach IDR 23 Trillion by 2025
On December 6, 2023, UNESCO officially designated "jamu" as an Intangible Cultural Heritage (ICH) during the 18th session of the Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage in Kasane, Botswana. This recognition by UNESCO is expected to raise global awareness and interest in "jamu," potentially leading to…
Jakarnaval Supported to Boost Jakarta's Economy
The Chairman of Commission B of the Jakarta Provincial People's Representative Council (DPRD), Ismail, expressed support for the Jakarnaval event as an opportunity to boost the economy, specifically the revenue of DKI Jakarta during the New Year's celebration in 2024. Ismail highlighted the importance of enhancing the quality of activities…
Special Economic Zones (KEK) Investment Target Increased to IDR 64.5 Trillion for 2024
Indonesia's Special Economic Zones (SEZs) have surged ahead in attracting investments, hitting a substantial IDR 62.9 trillion by the end of 2023, surpassing the initial target of IDR 62.2 trillion. This impressive performance has prompted the National Council of SEZs to elevate the 2024 investment target to IDR 64.5 trillion,…
