Business News
Strong Increase in EU Agri-food Trade Reported in Beginning of 2022
January saw a continuation of the trend of lower exports and higher imports of agri-food products, which began in autumn 2021, according to a report from the European Commission. This has resulted in a significant decrease in the trade balance, which is down 50% compared to September 2021. These findings…
Italian Industrial Production Stabilises in March
Italian industry has shown it is temporarily less vulnerable to supply disruptions, but we suspect that this will not be enough to prevent another GDP contraction in 2Q22, marking the start of a short-lived technical recession. After an extremely volatile start to the year, Italian industrial production stabilised in March,…
Indonesia Exports Coconut Flour and Cement During the 2022 Eid Holiday
North Sulawesi province exports coconut flour and cement to several countries during the 2022 Eid holiday. "We have exported coconut flour to Australia, New Zealand and China, for cement to the Philippines," said Head of Industry and Trade of North Sulawesi, Edwin Kindangen, in Manado, Monday (9/5/2022). He said coconut…
Foreign Tourist Visits to RI Up 200 Percent! Tourism Continues to Recover
The Central Statistics Agency (BPS) noted that the number of foreign tourists visiting the main entrance in March 2022 increased by more than 200 percent year-on-year (yoy) compared to March 2021. Head of BPS Margo Yuwono reported that when compared on a month-to-month (mtm) basis, namely February 2022, there was…
