Business News
Sandiaga Sets Target for Tourism Revenue to Reach USD 10 Billion This Year
Sandiaga Uno, Indonesia's Minister of Tourism and Creative Economy, has set a target of USD 10 billion in tourism earnings by 2023. Sandiaga believes that the tourism industry would increase at twice the rate it did in 2022. Sandiaga declared at the Joint National Meeting of the Indonesian Tourism Industry…
Highly Attractive Sectors for Prospective Investors in IKN
The Indonesian Ministry of Investment (BKPM) has revealed which industries have piqued the interest of prospective investors in the future Indonesia’s new capital city (IKN), with infrastructure, trade, and services leading the list. BKPM's Deputy for Investment Climate Development, Yuliot, revealed that the most recent investor to indicate interest via…
Italian Manufacturing Industry Achieves Milestone with Exports Surpassing 50%, Anticipates Annual Growth of +1.3% by 2024-2027
This year, the Made in Italy manufacturing sector is set to achieve a significant milestone by exporting more than 50% of its production, marking the first time in history. The Intesa Sanpaolo report, 'Analysis of Industrial Sectors,' highlights this accomplishment and provides insights into the Italian industrial landscape. The success…
Italian Pet Food Sales Approach USD 3 Billion
The Italian pet industry is thriving, driven by a growing pet population and increasing consumer trends in the pet food market. According to a collaborative report by ASSALCO and Zoomark, Italy had 64.95 million pets in households in 2022, with 42% of families owning at least one pet. Dogs and…
