Business News

Indonesia's Manufacturing Sector Strengthens in November 2023: PMI at 51.7

Indonesia's manufacturing sector continues to show resilience amid global economic challenges, as indicated by the Purchasing Manager's Index (PMI) for November 2023, released by Standard & Poor's (S&P) Global. The PMI strengthened to 51.7, marking a 0.2-point increase from October 2023, where it stood at 51.5. According to the PMI…

Growing Demand for Luggage Storage Services in Italy: Growth 60% Turnover in 2023

The luggage storage business in Italy has experienced a significant surge, marking a 60% increase in turnover compared to the pre-pandemic period in 2023, according to the "Luggage Storage-Market Report 2023" by Growth Capital, a prominent investment bank in the venture capital ecosystem. The trend, often depicted in American films,…

Exploring Small and Medium Enterprises (UMKM): Wilbi, Genuine Forest Honey Ready to Venture into Foreign Markets

Lenny Listriyani and her husband Purnomo intervened in the honey-producing community of Kampar, Riau, amid an overabundance of honey yield and subsequent low market demand in the early 2000s. This led to the establishment of Wilbi, a venture that specializes in high-quality natural forest honey, successfully penetrating both domestic and…

Italy Aims to Boost Shopping Tourism with Three-Year Partnership

Rispetti Turismo, a research and consultancy firm for the tourism industry, and ENIT (National Tourism Agency) have entered a three-year partnership to support shopping tourism in Italy. The collaboration includes ENIT's support for the next three editions of "Shopping Tourism - the Italian Forum," a key event in Italy on…
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