Business News
Italy Report Shows 26% Rise in Rubber Machinery Sales
‘Machines and moulds for rubber’ contributed EUR 246m to last year’s polymer processing equipment revenues. Italy’s rubber processing equipment sector achieved a 26% year-on-year increase in sales in 2021, newly issued industry data shows. Overall, polymer-processing machinery revenues totalled EUR 4,025.9 million in 2021, 72.4% of which was generated from…
European Investment Bank Interested in Exploring IKN Nusantara Investment
The European Investment Bank (EIB) is interested in exploring the possibility of investing in the National Capital City (IKN) of the Archipelago. The agency offers cooperation in various sectors from renewable energy to infrastructure. Vice President of EIB, Kris Peeters, said that he had held a meeting with the Minister…
Baswedan Explores Financing Cooperation for MRT with EU officials
Jakarta Governor Anies Baswedan on Tuesday explored financing cooperation for the next phase of the Mass Rapid Transit (MRT) project with European Investment Bank (EIB) Vice President Kris Peeters and EU Ambassador to Indonesia Vincent Piket. "We had a meeting at the MRT office to discuss the financing plan for…
Indonesia's Completely Built Up (CBU) Car Exports Soared 167 Percent
Even though in the midst of the increasing number of cases of Covid-19 cases, the performance of the national automotive industry is quite promising. One of the indicators is that the export performance of cars made in Indonesia for the January-June 2022 period skyrocketed quite high, up to 167 percent.…
