Business News

Upstream Oil and Gas Industry Deposits IDR 145.15 Trillion to the State Wallet Semester I/2022

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) reported that state revenues from the upstream oil and gas industry had reached USD 9.7 billion or equivalent to IDR 145.15 trillion, at an exchange rate of IDR 14,964, in semester I/2022. The report was submitted by…

Italy Retail Sales Rise 1.9% m/m in May

Italian retail sales rose 1.9% in May from the month before, data showed on Monday, after a 0.3% increase in April. National statistics institute ISTAT marginally revised up April's data from an originally reported 0.0% data. Sales rose 7.0% in unadjusted year-on-year terms in May, ISTAT said. The data are…

Lampung Develops Local Avocado Fruit for Export

Assistant II for the Economy and Development of the Lampung Provincial Government, Kusnardi revealed, A number of horticultural commodities produced by Lampung Province such as bananas, pineapples, durians, rambutan to mangosteen have been successfully exported to various countries. "We continue to export, even last year we did the first export…

Italy to Start Administering Second COVID Booster to Over-60s

Italy will soon start its campaign to administer a second COVID-19 booster to everyone aged over 60, the health minister said on Monday, after receiving a green light from European Union health agencies. The European recommendation came on Monday amid a new rise in infections and hospitalisations across Europe and…
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