Business News
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…
The Ministry of Industry Supports NIS Industrial Estates in Downstreaming Nickel-Based Industries
The development of industrial estates outside Java accommodates the downstream policy of natural resource-based industries. This is able to significantly increase the added value of commodities, also contribute to import substitution efforts, increase labor absorption, as well as improve the welfare of the community and the economy in the region.…
