Business News

Indonesia will become Chair of ASEAN in 2023

JAKARTA - Indonesia will again become chairman of the Association of Southeast Asian Nations (ASEAN) in 2023. Previously, Indonesia has been the Chair of ASEAN three times. During his tenure at that time, various big ideas were born that became the landscape for ASEAN cooperation. So in his fourth leadership,…

Italy’s plan for stimulus funds bucks the EU’s ‘go green’ vision

The EU is billing its 750 billion euro (US$903 billion) Recovery Fund as the opportunity of the century to transform the region’s economy and help it lead the world in reducing carbon emissions.However, a closer look by environmentalists at the spending plan prepared by Italy — the biggest recipient of…

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…
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