Business News
Airlangga Confident that IKN Can Lift Economic Growth Above 5.3%
Coordinating Minister for the Economy Airlangga Hartarto believes Indonesia's economy can grow by more than 5.3% this year. One of the supports is the existence of massive infrastructure development, such as in the National Capital City (IKN) of the Archipelago. According to him, infrastructure development in IKN can be a…
Industrial Infrastructure and Factory Projects Boost Domestic Steel Consumption
The Central Statistics Agency (BPS) noted that the base metal industry will experience growth of 14.8 percent throughout 2022, with gross domestic product (GDP) at constant prices (ADHK) reaching IDR 124.29 trillion. This growth was boosted by increasing domestic steel consumption.Melati Sarnita, Chair of the Indonesian Iron and Steel Industry…
Italy GDP to rise 0.8% 2023, 1% 2024 - EC
ROME, FEB 13 - Italian GDO will rise 0.8% this year and 1% next, the European Commission said in its winter forecasts Monday.The autumn forecasts had seen 0.3% growth this year and 1.1% next. Also in the new forecasts, inflation is seen at 6.1% in 2023 and 2.6% in 2024,…
The ASEAN Tourism Forum Can Contribute IDR 5 Trillion to the Yogyakarta Economy
Minister of Tourism and Creative Economy Sandiaga Uno said the 2023 Asean Tourism Forum (ATF) had an extraordinary economic impact on the Special Region of Yogyakarta (DIY) of around Rp. 5 trillion. For temporary data, the results of holding the event for B2C reached more than Rp. 8 billion, while…
