Business News
Italian Economy to Grow 5.1% this Year, 4.4% in 2022 - Central Bank
The Italian economy will grow by 5.1% this year and 4.4% in 2022, posting a sustained recovery following the record COVID- induced contraction of 8.9% last year, the Bank of Italy forecast on Friday. In its quarterly economic bulletin the central bank estimated that gross domestic product grew by more…
Shiny Exports, Trade Balance Surplus US$ 11.9 B in Semester I
The Central Statistics Agency noted that the trade balance in June 2021 was a surplus of US $ 1.32 billion. The total trade balance surplus in the first half of this year reached US$ 11.86 billion. Head of BPS Maryo Yuwono explained that export performance was still increasing in June…
New Pelaung, Indonesian Porang Exports Increase 160 Percent
Deputy Minister of Trade (Wamendag) Jerry Sambuaga said continuous efforts were needed so that Indonesia became a major player in the trade and industry of Porang (konjac). According to him, the Porang market is very large and Indonesia has not been included as the top five exporters in the world.…
Sandiaga Uno Will Collaborate with BKPM to Boost Tourism Investment
The realization of tourism investment showed an upward trend at the end of 2020, after having slumped in the second quarter. Minister of Tourism and Creative Economy (Menparekraf), Sandiaga Uno said, the realization of tourism investment in 2020 reached USD 2.15 billion, or Rp. 30.99 trillion. In detail, foreign investment…
