Business News
Italy Holds The 8th Position Among The Largest Economies
The International Monetary Fund's (IMF) World Economic Outlook highlighted Italy as the world's eighth-largest economy, showcasing a Gross Domestic Product (GDP) valued at USD 2.19 trillion. This designation underlines Italy's reentry into the top 10 global rankings, a notable increase from its 11th position in 2022. In this roster, Italy's…
With Various Potentials, Banten Aims to Strengthen the National Furniture and Handicraft Industry
The Indonesian province of Banten unveils various potentials supporting the national industry growth based on bamboo, wood, fossil stone, and pandanus leaves. The Focus Group Discussion (FGD) by the Central Leadership of the Association of Indonesian Furniture and Handicraft Industries (HIMKI) in Serang on Tuesday disclosed these potentials. Stakeholders in…
In The Upcoming Year, Indonesia is Poised to Formally Declare Itself as The Global Epicenter of Muslim Fashion
The Ministry of Trade (MoT) affirmed Indonesia's declaration as the global center for Muslim fashion in 2024, aligning with efforts to globally market the nation's halal products. The MoT's Director-General of National Export Development, Didi Sumedi, announced plans to declare Indonesia as the world's modest fashion center, in accordance with…
The Export of 2.5 Tons of North Sumatra Mangosteen to China Marks a Historic Milestone
The inaugural export of 2.5 tons of mangosteen from North Sumatra to China via Kuala Namu International Airport marked a significant milestone. Governor of North Sumatra, officials from the Deliserdang Agriculture Quarantine Office, Customs at Kuala Namu, and stakeholders witnessed the event on Tuesday (19/12/2023) in Medan. Suwandi, Head of…