Business News

West Java Aims to Become ASEAN Investment Hub

West Java Governor Ridwan Kamil on Thursday said he is preparing his province to become ASEAN's investmenthub in the future. He linked this to the massive investment relocation from China due to the Covid-19 pandemic. “We are preparing to become an investment hub in ASEAN because of the investment relocation…

Indonesia Improves in World Competitiveness Ranking

Indonesia has jumped three places in a global competitiveness ranking in 2021 thanks to its economic resilience amid the Covid-19 pandemic, the improvement in government efficiency, and rising confidence among its businessmen, Switzerland-based International Institute for Management and Development, or IMD, announced on Thursday. The largest economy in Southeast Asia…

Saving the Planet with Zero-Carbon-Ready Buildings

Zero-carbon-ready buildings can pave the path to net zero emission by 2050 and save the planet from climate crisis, according to a recent conference on energy efficiency.The International Energy Agency (IEA) revealed building operational carbon emission currently accounts for 28 percent of the global energy-related emissions. If we take into…

Indonesia wants only electric vehicles by 2050

Moving forward with plans to reduce carbon emissions, Indonesia will only allow electric motorcycles to be sold from 2040, while all new cars in Malaysia’s ASEAN neighbour will be electric from 2050. This was said by Indonesia’s Energy Minister Arifin Tasrif in a Reuters report. This follows plans for the…
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