Business News

Eni acquires FRI-EL Biogas Holding, a leading national producer biogas

Eni’s subsidiary Ecofuel, the company responsible for managing Eni’s investments in the circular economy, and FRI-EL Greenpower, a Gostner family holding, leader in the sectors of electricity production from renewable sources, have reached an agreement for Eni to acquire the FRI-EL Biogas Holding company, a leader in the Italian biogas…

Indonesia Becomes Major Producer of World Swallow's Nest

The Minister of Trade, Muhammad Lutfi, said that swallow's nest has a high value for Indonesia. Because currently the country is the main producer of swallow nests for the world, its value has reached 80 percent. "This bird's nest has value, has extraordinary value, while Indonesia is the main producer…

Foreign Investors Want to Open Cattle Farms, Erick Thohir: Contact the Minister of Investment

BUMN Minister Erick Thohir is committed to buying cattle farms in Belgium to anticipate beef import figures. On the other hand, he also invited foreign investors to join in opening cattle farms in Indonesia. Erick Thohir then directed foreign investors who were interested in establishing cattle farms in Indonesia to…

Jokowi: 2022 Action Plan Focuses on Economic Recovery, Structural Reforms

President Joko "Jokowi" Widodo opened the 2021 National Development Planning Conference which was held at the State Palace, Central Jakarta, Tuesday, May 4, 2021. In his remarks, he emphasized that the government's action plan in 2022 will still focus on economic recovery and structural reforms. “The government's action plan in…
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