Business News

Italy factory activity grows for second month in Aug: PMI

Italian manufacturing activity increased for a second month running in August and at its fastest rate for more than two years, a survey showed on Tuesday, raising hopes for a firm economic rebound following the coronavirus lockdown. The IHS Markit Purchasing Managers' Index (PMI) rose to 53.1 last month from…

Electric Car Sales Rise In Italy In July 2020 As New Incentives Loom

Summer continues with a strong growth trend for the Italian EV market. With the broader car industry now in recovery mode as the coronavirus pandemic falls under control, and ahead of enhanced EV incentives recently passed by Italy’s government, July monthly car sales figures paint a well known picture of…

Jasa Marga plans to issue commercial paper, cut expenditure amid revenue downturn

State-owned toll road operator Jasa Marga plans to issue up to Rp 1 trillion (US$68 million) of commercial paper (SBK) with one-year maturity date to provide additional capital, executives say.  Jasa Marga’s corporate finance head Eka Setia Adrianto on Wednesday said the company was looking for alternative ways to fund…

Impact of Investment Trends, Business Models That Are Not Just Seeking Profits

The potential for investment to have an impact is actually very large in Indonesia. However, even though it can have a positive impact on society in addition to generating financial benefits, currently it has not been worked on in Indonesia. Based on Mekar Indonesia’s data, the potential of impact investment…
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