Business News
Minister of Coordinating Airlangga: Indonesia Will Become World's Green Energy
Along with economic growth, industrial growth, and population growth, of course, a reliable and sufficient supply of electricity is very important to be provided as a support for the community's economic and social activities. Thus, the development of electricity infrastructure starting from generation, transmission, to distribution will continue to be…
Customs Assists Ambon and Makassar Entrepreneurs in Exporting Sea Products, Worth Tens of Billions
The government continues to encourage national entrepreneurs to continue exporting. This step is to continue to maintain Indonesia's trade balance surplus and increase the country's foreign exchange. Efforts to continue to encourage exports are also being carried out by the vertical units of the Directorate General of Customs and Excise…
Italy's A2A Trims Green Investment Plan, Confirms Dividend Policy
Italy's largest regional utility A2A (A2.MI) scaled back its planned investments aimed at reducing its carbon footprint as volatility in energy markets prompted a rethink, sending shares down as much as 6%. A2A confirmed its dividend policy under the new plan, which foresees a 3% compound annual growth, Chief Executive…
Windfall Tax in Italy Increases to 35%
Italy has passed the 2023 Budget Law worth USD 36 billion, one of whose policies is to increase the windfall tax on energy companies from 25% to 35%. It is planned that this tax revenue will be used to expand the provision of social assistance to the community and businesses…
