Business News

Italy Greenlights EUR 27.4 Billion Investment for Green Energy Transition

The Italian government, under Prime Minister Giorgia Meloni, has approved a substantial EUR 27.4 billion investment aimed at propelling the country towards a more sustainable and eco-friendly future. The funds will be directed towards supporting families and businesses, emphasising their pivotal role in a balanced and realistic transition, according to…

Capital City National Authority (IKN) Targets USD 3.2 Billion Infrastructure Investment by Year-End

The Indonesian government, through the Capital City National Authority (IKN), aims to attract infrastructure investments totaling IDR 45.5 trillion (USD 3.2 billion) by the end of 2023. Bambang Susantono, Head of Otorita IKN, stated that this target aligns with the progress and development of ongoing construction projects, marked by the…

Introducing Papua's Maritime Potential to the Global Stage: Sail Teluk Cenderawasih 2023

President Joko Widodo officially inaugurated Sail Teluk Cenderawasih 2023 on November 23, 2023, at Samau Beach, Biak Numfor Regency, Papua, marking a significant effort to showcase the maritime, tourism, and socio-cultural potential of Papua. The event, held from November 21 to 27, featured a sailing pass with local fishermen and…

Boosting Indonesia's Economy Through Potato Exports: The Potential of Dieng Potatoes

In the picturesque setting of Jurang Kuwali Village, Bumiaji Subdistrict, Batu City, East Java, dozens of potato farmers are harvesting the granola flower potato variety. This particular variety boasts double the productivity of other potato types, reaching an impressive 30-40 tons per hectare compared to the 20-25 tons per hectare…
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