Business News

Growing Rapidly, the Game Industry has the Opportunity to be Indonesia's Leading Sector

When other business sectors were sluggish, the gaming industry in Indonesia actually grew positively during the Covid-19 pandemic. Activity restrictions due to the Covid-19 pandemic encourage people to seek entertainment from home, one of which is games. That's why the growth of gamers has increased sharply in the past year,…

Health Minister Supports 3 Bali Regions Set as Covid-free Destinations

Health Minister Budi Gunadi Sadikin supported the Bali Provincial Government in preparing its three regions as tourist destinations that are free of Covid-19. Later, domestic and international travelers will be allowed to visit these regions. The three regions are Ubud in Gianyar Regency, Indonesian Tourism Development Corporation (ITDC) area in…

IDX to Allow SPACs, Hopes Indonesian Unicorns Will Go Public Locally

The Indonesia Stock Exchange (IDX) plans to win over local tech unicorn listings by relaxing its rules this year after it was reported that three such companies were considering listing abroad. IDX development director Hasan Fawzi said the bourse would pass regulations by July that would allow companies to go…

Italian Private-Sector Growth Returns With More Stimulus on Way

Italy’s private-sector economy returned to growth in February after four months of contraction, with the prospects of more fiscal support underpinning confidence in the recovery. IHS Markit’s index of manufacturing and services activity rose to 51.4 last month, with a “rapid” improvement at factories and a slower pace of decline…
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