Business News

North Sumatra's Rubber Export Volume Increased Driven by Smoother Shipments

The volume of North Sumatra's rubber exports from June continues to increase as the impact of smooth shipments of goods. "Delay shipments have been decreasing since June so that export volumes have increased," said Executive Secretary of the North Sumatran Indonesian Rubber Company Association (Gapkindo), Edy Irwansyah in Medan, Monday.…

Kasepuhan Community in Lebak Coffee Production Supports Economic Independence

The Kasepuhan Customary Community of Pasir Eurih, Sobang District, Lebak Regency, Banten Province, produces the Kompak brand of ground coffee to create economic independence and create jobs for the people in the area. "We are in the coffee production business as part of the creative economy so that the residents…

Upstream Oil and Gas Industry Deposits IDR 145.15 Trillion to the State Wallet Semester I/2022

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) reported that state revenues from the upstream oil and gas industry had reached USD 9.7 billion or equivalent to IDR 145.15 trillion, at an exchange rate of IDR 14,964, in semester I/2022. The report was submitted by…

Italy Retail Sales Rise 1.9% m/m in May

Italian retail sales rose 1.9% in May from the month before, data showed on Monday, after a 0.3% increase in April. National statistics institute ISTAT marginally revised up April's data from an originally reported 0.0% data. Sales rose 7.0% in unadjusted year-on-year terms in May, ISTAT said. The data are…
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