Business News

House approves Indonesia-EFTA trade deal

SHARES Indonesia is one short step away from having its first trade agreement with European countries after legislators approved a bill over a deal between Indonesia and the European Free Trade Association (EFTA). The House of Representatives approved on Friday the draft for the Comprehensive Economic Partnership Agreement (IE-CEPA) between…

Italy to boost broadband spending as plan for single network falters

Since taking office in February, Italy’s new government, led by Mario ‘Super Mario’ Draghi, has had major decisions to make surrounding the country’s post-Covid-19 economic recovery. Now, a report from Reuters suggests that the government is looking to spend around €6.7 billion in European recovery funding on improving connectivity infrastructure…

Indodax CEO Explains Bitcoin Transaction Surge in Indonesia

CEO of Indonesia's crypto asset marketplace Indodax, Oscar Darmawan, in a statement on Wednesday said the surging Bitcoin transactions in Indonesia is due to a similar global trend. However, he said the volume of transactions is insignificant compared to the global transactions because of the human factors that are not…

Italy Introduces Covid-Free Islands To Save Summer Tourism

Fancy the idea of traveling to a small island in Italy this summer? In the effort to contain the impact of coronavirus on the summer season, the country is now working to immunize a number of holiday destinations from Covid-19, starting from its smaller islands. Following the example of Greece…
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