Business News

Optimism for 2024, As 85% of Italian Companies Express Confidence

A recent survey conducted by Qonto, a European business finance solution, in collaboration with market research company Appinio, reveals positive sentiments among European businesses for the year 2023, extending into 2024. The survey involved 2,000 executives across France, Germany, Italy, and Spain. The survey outcomes highlight the prevailing optimism for…

The Capital City Authority Claims Acquisition of 320 LoIs, 55% from Domestic Investors

  The Capital City Authority (Otorita Ibu Kota Nusantara or OIKN) has reported securing 328 Letters of Intention (LoI) as of December 15, 2023, with approximately 55% originating from domestic investors focused on the development of the national axis sector. The upcoming Groundbreaking 3, scheduled for December 20-21, 2023, will…

Indonesian President Outlines Priorities for ASEAN-Japan Economic Partnership

Indonesian President Joko Widodo (Jokowi) has delineated key priorities for the ASEAN-Japan economic partnership during the Commemorative Summit of ASEAN-Japan 50th Year of Friendship and Cooperation in Tokyo on December 17, 2023. The agenda focused on "Partners for the Co-Creation of Economic and Society of the Future," as per a…

Substantial Surge: Over 17% Increase in Foreign Visitors to Italy During Christmas Season

Coldiretti's analysis of Bankitalia data forecasts a potential 17% surge in foreign travelers to Italy during the Christmas holidays if the current growth trend persists. This increase signals a notable recovery in international tourism, although it remains below pre-COVID levels. Italy has witnessed 68.5 million arrivals from abroad in the…
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