Business News
Indonesia can become a 'very easy country' to conduct business: govt
President Joko Widodo expects Indonesia to move to the “very easy category” in the World Bank’s Ease of Doing Business Index. “Indonesia ranks 73rd out of 190 countries in the World Bank’s Doing Business 2020 Report, meaning we have been classified as easy. However, we still have to improve on…
Good prospects for economic growth in Italy
The outlook for the Italian economy continues to be particularly favorable, driven by the recovery in consumers and business confidence, the National Institute of Statistics (ISTAT) reported. In its latest Monthly Report on the behavior of the economy in May and June, the ISTAT highlighted the growth in world trade,…
Indonesian economy grows for first time in more than one year
Indonesia's economy grew in the second quarter of 2021, marking the first growth in more than one year.However, analysts warned the recovery might be short-lived due to the resurgence of COVID-19 outbreaks. The Central Statistics Agency (BPS) said Southeast Asia's largest economy grew by 7.07 percent in April-June as compared…
Indonesia's economic recovery moving in right direction: SOE Minister
Indonesia's economic recovery is moving in the right direction since economic growth has reached 7.07 percent in the second quarter of this year, State-owned Enterprises (SOE) Minister Erick Thohir has stated. "This growth shows that the direction of the economic growth is on the right track," Thohir said in an…
