Business News

Italy's Economy Grew Faster Than Expected in the Second Quarter

Italy's economy grew 1.0% in the second quarter of the year from the previous three months, preliminary data showed on Friday, a stronger-than-expected reading and despite the headwinds created by the war in Ukraine. On a year-on-year basis, second quarter gross domestic product in the euro zone's third largest economy…

Promoting Industry Economic Growth and Central Sulawesi Connectivity

In order to support economic and industrial growth as well as connectivity, the Ministry of Transportation cq the Directorate General of Transportation is currently reviewing a proposal to change the status of Tilamuta Port from a Regional Feeding Port to a Collecting Port. Since 2020 this port has been served…

Ministry of Industry Encourages a Number of Automotive Manufacturers to Increase Investment in Indonesia

The automotive industry plays an important role in supporting Indonesia's economic growth. To date, there are 21 players in the assembly industry of four-wheeled vehicles or more with a total investment of Rp 139.36 trillion. The investment came from Japan of IDR 116.1 trillion (83.31%), followed by South Korea of…

Government Consistency Protects Creative Economy Businesses

Soon Indonesia will hold the World Conference on Creative Economy (WCCE) 2022 in Bali, precisely on October 5-7, 2022 by bringing the mission of global recovery through the creative economy sector (EKRAF). This is done so that creative actors gain global recognition for their potential in encouraging sustainable and resilient…
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