Business News

Indonesia's manufactured goods exports soar in first half of 2021

Indonesia's exports of manufactured goods increased 33.45 percent to reach US$81.07 billion in the first half of 2021 as compared to the corresponding period last year, according to the Industry Ministry. The manufacturing industry contributed 78.80 percent of Indonesia's total exports that reached US$102.87 billion in the first half of…

Ministry of Agriculture: This Year's Export Volume of Indonesian Poultry Products Increases

Director General of Livestock and Animal Health (Dirjen PKH) of the Ministry of Agriculture (Kementan), Nasrullah said that Indonesia's poultry product exports from January to May 2021 reached 258.85 tons, an increase of 12.98 percent compared to the same period last year. This is based on fixed figures from the…

Encourage Indonesian Culinary, Spice Exports in 2024 are Targeted at IDR 29 Trillion

The Ministry of Tourism and Creative Economy (Kemenparekraf) targets the export of spices and herbs to grow to US$ 2 billion or equivalent to Rp 29 trillion by 2024. One of its efforts is through the Indonesia Spice Up The World (ISUTW) program. The program aims to encourage Indonesian culinary…

Italian Economy to Grow 5.1% this Year, 4.4% in 2022 - Central Bank

The Italian economy will grow by 5.1% this year and 4.4% in 2022, posting a sustained recovery following the record COVID- induced contraction of 8.9% last year, the Bank of Italy forecast on Friday. In its quarterly economic bulletin the central bank estimated that gross domestic product grew by more…
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