Business News
Indonesia’s Tourism Revenue Surges to 68.28 Triliun Rupiah Early Year Amid Global Headwinds
Indonesia's tourism sector continues to demonstrate outstanding economic resilience amid global geopolitical dynamics and widespread macroeconomic uncertainty. Recent data indicates that foreign tourist arrivals reached 4.68 million visits from January to April 2026, marking an 8.24 percent increase compared to the previous year. Furthermore, the quality of tourism spending has…
European Union Restores Market Access for Indonesian Aquaculture, Boosting Catfish Exports
The Ministry of Maritime Affairs and Fisheries (KKP) announced that Indonesia has officially re-entered the European Union’s list of approved exporters for aquaculture products. As finalized under Commission Implementing Regulation (EU) 2026/1189 on June 4, 2026, the breakthrough reopens a lucrative trading channel that had been temporarily restricted. Following intensive…
Italy's Trade Surplus Climbs to 4.293 Billion Euros in April Amid Falling Energy Import Costs
The National Institute of Statistics (Istat) reported that Italy’s trade surplus expanded significantly to 4.293 billion euros in April, up from 3.758 billion euros in the same month of the previous year. This positive trade balance performance was primarily driven by a sharp contraction in the nation's energy deficit, alongside…
Indonesian Herbals Penetrate Saudi Arabian Market via Multi-Billion Rupiah Trade Agreement
The Ministry of Trade, through the Directorate General of National Export Development and the Indonesian Consulate General (KJRI) in Jeddah, has successfully facilitated a major trade contract for Indonesian natural healthcare products. Local bio-pharmaceutical manufacturer PT Dami Sariwana officially signed a commercial supply agreement with Saudi Arabia's Al-Itolah Trading to…
