Business News

Manufacturing Investment Reaches IDR 325.4 Trillion, Minister of Industry: An Important Signal for the Indonesian Economy

Investment in the manufacturing sector will reach IDR 325.4 trillion in 2021, an increase of 19 percent from 2020 which amounted to IDR 272.9 trillion. This figure exceeds the manufacturing investment achievement target that has been projected by the Ministry of Industry (Kemenperin) of IDR 280 trillion to IDR 290…

Maluku Exports 8.5 tons of Organic Nutmeg to Europe

Maluku Province exports 8.5 tons of organic nutmeg directly from Yos Sudarso Port, Ambon to Europe. The initial export of nutmeg by PT Kamboti is packaged in one container with a capacity of 20 feet worth IDR 1.8 billion to the Port of Rotterdam in the Netherlands. The release of…

G20 Members' Finance, Health Ministries Intensify Cooperation at JFHTF

The finance and health ministries of G20 members strengthened cross-sectoral collaboration with the World Health Organization (WHO) and World Bank during the G20 Joint Finance and Health Task Force (JFHTF) meeting. The meeting was held virtually on January 26, 2022, with Indonesia and Italy as co-chairs of the meeting. "Indonesia…

'Balibali Srl', an Italian Importer Won the Primaduta Award

The Italian importing company "Balibali Srl" received the 2021 Primaduta Award from the Trade Attache of the Indonesian Embassy in Rome. Fabio Giuseppe Lanzieri, the owner of "Balibali Srl" received an award from the Trade Attache of the Indonesian Embassy in Rome, Silvi Sumanti and witnessed by Ambassador Muhammad Prakosa…
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