Business News
Minister Bahlil Urges Muslim Countries to Invest in Downstream Industries in Indonesia
The Indonesian government is urging Muslim countries to invest in Indonesia's downstream industries. Over the past five years, investments from Muslim countries have only accounted for 5.5% of the total Foreign Direct Investment (FDI) into Indonesia. The call was made by Bahlil Lahadalia, the Minister of Investment and Head of…
Government Reiterates Commitment to Sustainable Development of National Strategic Projects
The National Strategic Projects (PSN) in Indonesia have been continuously developed by the government to accelerate infrastructure development and support economic equalization. Recently, the Ministry of Economic Affairs held a commemorative event to mark the eight-year journey and success of PSN in providing sustainable benefits and real impacts for national…
Minister of Cooperatives and SMEs Highlights Sea Potential as Indonesia's Economic Advantage
Indonesia's Minister of Cooperatives and Small and Medium Enterprises, Teten Masduki, emphasized the enormous potential of the marine sector in the country. He highlighted the need for optimal utilization and management of this sector to become a domestic economic advantage. Teten Masduki cited examples of countries like Norway, which has…
Italian GDP Growth Outpaces France and Germany, Says Istat
The first signs of a slowdown in the downward trend of inflation and the receding financial turbulence have prompted the main central banks to continue the process of raising interest rates, albeit at a more moderate pace. In the first quarter, the Italian GDP showed, according to the preliminary estimate,…
