Business News

Indonesia calls for ASEAN members to boost legal integration

Indonesian Minister of Law and Human Rights Yasonna Laoly has urged ASEAN nations to strengthen legal integration in order to get their voices heard in the international community. He said in a statement on April 14 that in order for this integration to be more stable, credible, and effective, a…

Narrowest Trade Surplus in 10 Months Points to Recovering Demand

Indonesia's trade surplus shrank in March from a month earlier amid robust export growth and imports of raw material and machinery picking up the pace, presenting the latest indication for its economic recovery from the Covid-19 pandemic slump. The Central Statistics Agency (BPS) announced on Thursday that the largest economy…

House approves Indonesia-EFTA trade deal

SHARES Indonesia is one short step away from having its first trade agreement with European countries after legislators approved a bill over a deal between Indonesia and the European Free Trade Association (EFTA). The House of Representatives approved on Friday the draft for the Comprehensive Economic Partnership Agreement (IE-CEPA) between…

Italy to boost broadband spending as plan for single network falters

Since taking office in February, Italy’s new government, led by Mario ‘Super Mario’ Draghi, has had major decisions to make surrounding the country’s post-Covid-19 economic recovery. Now, a report from Reuters suggests that the government is looking to spend around €6.7 billion in European recovery funding on improving connectivity infrastructure…
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