Business News
Indonesia and Ethiopia Forge Collaboration to Enhance the Global Coffee Market
As the fourth-largest coffee producer globally, following Brazil, Vietnam, and Colombia, Indonesia possesses significant potential to further expand the coffee market worldwide, particularly in the European region. According to the 2023 Indonesian Statistics Report from the Central Statistics Agency (BPS), Indonesia's coffee production reached 794.8 thousand tons in 2022. Director…
Indonesia Develops Shipbuilding Industry to Foster the Blue Economy
Deputy of Maritime and Natural Resources at the Ministry of National Development Planning (Bappenas), stated that the Indonesian government is prepared to develop the shipbuilding industry to optimize the growth of the blue economy in the country as this can be very labor-intensive, capital-intensive, and, of course, technology-intensive. She also…
Italian Cosmetics, Economic Survey: Pharmacy Sales Up by 5.8% in the Second Half of 2023
The Italian pharmacy cosmetics market is experiencing robust growth, with a projected 5.8% increase in the second half of the year, building upon the 5.9% growth in the first half. This trend is expected to push the sales value of pharmacy cosmetics in Italy to over EUR 2 billion by…
Italy's Car Market Continues to Grow, Up by 22.8% in September
In September, Italy saw a significant increase in car registrations, with 136,283 vehicles registered, marking a 22.78% growth compared to the same month in 2022. Year-to-date, a total of 1,176,882 cars were sold, showing a 20.57% increase over the same period last year. The Stellantis Group, a major player in…
