Business News

Mahfud MD Says Indonesia Can Become a Great Power of the World Economy in 2045

Coordinating Minister for Political, Legal and Security Affairs Mahfud MD stated that based on scientific calculations carried out by a number of credible institutions, by 2045 Indonesia could become the fourth or fifth economic power country in the world. Indonesia's position will be under China, India and the United States.…

Energy Imports Up 193.8% in April

Italy's energy imports rose an annual 193.8% in April, Istituto Nazionale di Statistica (ISTAT) said Friday. Imports from Russia rose 118.8% in value and imports from The Organization of the Petroleum Exporting Countries (OPEC) countries were 109.6% up in value terms, the stats agency said. Italian exports to Russia showed…

Italy’s Travel & Tourism Sector to Create Nearly Half a Million Jobs Over Next Decade, Report Shows

The World Travel and Tourism Council (WTTC) estimates that Italy’s Travel and Tourism sector will significantly boost the country’s economic recovery, and the same could almost reach pre-pandemic levels next year, just 0.3% below the levels of 2019. The WTTC’s recent Economic Impact Report (EIR) also shows that the sector’s…

Up 45.9%, Sri Mulyani: State Revenue as of April Reaches Rp853.6 Trillion

Minister of Finance (Menkeu) Sri Mulyani Indrawati stated that the realization of state revenues reached Rp. "Realized state revenue until the end of April was Rp853.6 trillion. This growth is very good, last month only 32.1 percent growth. All components of the state's income rose," said Minister of Finance Sri…
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