Business News

85% Made Locally, Indonesian Glass Industry Able to Compete in Global Market

The Association of Sheet and Safety Glass (AKLP) assesses that the glass industry in Indonesia is growing from other countries. This is driven by as much as 85% of glass-making raw materials available in Indonesia. Chairman II AKLP Putra Narjadin said the government needed to encourage the glass industry to…

Italy Lifts All Pandemic Entry Restrictions

Italy lifted its remaining pandemic-era entry restrictions Wednesday, making it easier for foreign tourists to visit as the busy summer-travel season ramps up. “As of June 1, 2022 a Green Pass or equivalent certificate is no longer needed to enter Italy,” the Ministry of Foreign Affairs and International Cooperation said…

Italy Allocates 300 MW of Solar in Latest Renewables Auction

Italy’s energy agency has awarded 300 MW of solar capacity at 34 locations, but it only selected a 6 MW wind project in its latest auction. All developers offered a maximum discount ranging from 2% to 3.02% off the auction ceiling price of EUR 0.065 (USD 0.07)/kWh. The Gestore dei…

Value of EU Agri-food Trade Increases by 18%

The total value of EU agri-food trade was EUR 28.3 billion in February 2022, an 18% increase compared to the same month last year, according to the latest data published today (Tuesday, May 31) by the European Commission. Exports rose by 11% to EUR 16.6 billion, while imports grew by…
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