Business News
Jokowi Calls on Japanese Companies to Invest in IKN
President Joko Widodo, commonly known as Jokowi, invited Japanese companies to invest in the development of Indonesia's new capital city, Nusantara. The invitation was extended during a CEO Meeting with major Japanese corporations held on the sidelines of the G7 Summit in Hiroshima on Sunday (May 21). "The President has…
Indonesia's Economy Surpasses ASEAN, Europe, and the United States
Indonesia's Finance Minister Sri Mulyani Indrawati announced that despite global uncertainty in early 2023, Indonesia's economic growth remained strong at 5.03%. This positions Indonesia as the third-highest growing economy, surpassing Malaysia's 5.6% and the Philippines' 6.4%. Sri Mulyani highlighted that Indonesia's economic growth outperformed various countries worldwide, including those in…
Confagricoltura: Agreement on Processing Tomatoes Addresses Our Concerns
"We are satisfied with the agreement reached on the price of industrial tomatoes in Northern Italy," declares Massimiliano Giansanti, the president of Confagricoltura. "After lengthy negotiations, the agricultural sector has been recognized with a fair price of 150 euros per ton, which we had set as our objective at the…
Flores Coffee Takes Indonesia to the Global Stage
Indonesia's coffee industry has gained global recognition for its exquisite aroma and diverse flavors. With 35 geographical indication (GI) types, Indonesia competes on the world stage by offering unique coffee flavors that can only be found in specific coffee-producing regions. One such region is Flores, located in East Nusa Tenggara…
