Business News
Indonesia's Economic Growth in 2023 Will Remain Resilient Supported by the Domestic Sector
The turmoil in the global economy is showing signs of abating. This is an opportunity for the Indonesian economy in 2023.Bank Mandiri Chief Economist Andry Asmoro estimates that Indonesia's economic growth in 2023 will be at the level of 5.04% YoY.Andry said that Indonesia's economic growth in 2023 will remain…
RI Exports Processed Food Products to Saudi Arabia, From Jengkol to Seblak
Indonesia exports various processed food products to Jeddah, Saudi Arabia with a total value of US$453,000. There are 22 processed food products exported under the Helda's Snack brand produced by PT Safeline Indonesia.The food products consist of spicy jengkol, original rengginang, savory rengginang, fried tempeh, lime leaf tempeh, balado sticks,…
Food Industry Shoots to the Top of Italian Economy, Accounting for 580 Billion Euros
The recovery of tourism after the pandemic has boosted the Italian food industry, which has become Italy’s top single asset to the tune of a record 580 billion euros in the last year despite the energy crisis linked to the war in Ukraine, farmers’ group Coldiretti said in a report…
21 Commodities Become Downstream Priorities, Target Investment of IDR 8,244 Trillion
The Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia stated that in the downstream roadmap there are 21 commodities that will be downstreamed until 2040. This means that these commodities can no longer be exported in the form of raw goods."We have now built what is called…
