Business News
Italian Industrial Production Stabilises in March
Italian industry has shown it is temporarily less vulnerable to supply disruptions, but we suspect that this will not be enough to prevent another GDP contraction in 2Q22, marking the start of a short-lived technical recession. After an extremely volatile start to the year, Italian industrial production stabilised in March,…
Indonesia Exports Coconut Flour and Cement During the 2022 Eid Holiday
North Sulawesi province exports coconut flour and cement to several countries during the 2022 Eid holiday. "We have exported coconut flour to Australia, New Zealand and China, for cement to the Philippines," said Head of Industry and Trade of North Sulawesi, Edwin Kindangen, in Manado, Monday (9/5/2022). He said coconut…
Foreign Tourist Visits to RI Up 200 Percent! Tourism Continues to Recover
The Central Statistics Agency (BPS) noted that the number of foreign tourists visiting the main entrance in March 2022 increased by more than 200 percent year-on-year (yoy) compared to March 2021. Head of BPS Margo Yuwono reported that when compared on a month-to-month (mtm) basis, namely February 2022, there was…
BPS: Processing Industry Becomes the Highest Source of Indonesia's Economic Growth
The Central Statistics Agency (BPS) reported that the manufacturing industry was again the source of the highest growth for the Indonesian economy in the first quarter of 2022, after in the first quarter of 2021 the sector was held back by the COVID-19 pandemic. "Thus, the engines of economic growth…
