Business News
Italy Minister Says Recovery Plan Hinges on Private Sector Boost
Italy’s plan to kick-start its economy using grants and loans from the European Union’s recovery fund won’t be successful without significant buy-in from private investors, Infrastructure and Mobility Minister Enrico Giovannini warned in an interview.“Everyone is talking just about public funds, but that’s a distorted view,” the minister said. In…
Indonesia, the puzzle of nickel’s competing narratives
The global nickel market recorded a supply-demand surplus of 108,000 tonnes last year and is on track to record another 45,000-tonne surplus this year, the International Nickel Study Group (INSG) found.Most analysts seem to agree. Reuters’ quarterly poll, out on Thursday, showed a median forecast that refined nickel supply will…
New Indonesian low-cost carrier Super Air Jet to focus on millennial travellers
INDONESIAN low-cost start-up airline Super Air Jet aims to begin flying soon with a business model focused on tech-obsessed millennials with a propensity to travel, the carrier's chief executive, Ari Azhari, said on Monday.Industry sources said the airline has links to Indonesia's biggest airline group, Lion Air Group, though the…
Indonesia prioritizes accelerating digital transformation in ICT field
Kupang, E Nusa Tenggara (ANTARA) - Accelerating digital transformation is among the priority programs in the information and communication technology (ICT) field, as targeted by President Joko Widodo during his second term, Philip Gobang, communication and informatics minister’s special staff, stated. "Five areas elicit attention in managing digital transformation during…
