Business News
Riau Provincial Government Sets Up 150 MSME Stands at Indonesian Proud Movement Event
The Provincial Government of Riau has allocated 150 mini-stage booths for promoting products, services, and branding for micro, small, and medium-sized enterprises (MSMEs) in the 2024 Indonesian Proud Movement (Gernas BBI). These booths aim to showcase a variety of local MSME products, potentially fostering a dual economic impact for the…
Consumer Optimism towards Indonesian Economy Strengthens
Consumer Confidence Survey by Bank Indonesia in March 2024 indicates an increase in consumer confidence towards the economic conditions compared to the previous month. This is reflected in the Consumer Confidence Index (CCI) for March 2024 at 123.8, higher than the 123.1 recorded in the previous month. Erwin Haryono, Head…
Made in Italy: Exports Account for One-Third of Our Wealth
Italy's export sector, driven by manufacturing, remains a formidable force in Europe, boasting a €626 billion contribution to the economy in 2023, nearly one-third of its GDP. Despite encountering challenges in 2023, such as disruptions in global trade routes due to international conflicts, Italy has experienced significant export growth over…
Strong Start for Italian Venture Capital in 2024: €443 Million Invested in 108 Rounds
The Venture Capital landscape in Italy exhibits promising signs and growth figures in the opening quarter of 2024. Investments surged to 443 million euros, up from 389 million in Q4 2023, accompanied by a rise in the number of investment rounds from 88 to 108, marking a new record in…