Business News

Ministry Conducts Early Bidding for 1,900 of Next Year's Construction Projects

The Public Works and Housing Ministry is conducting an early bidding process for thousands of projects for next year, as it strives to ramp up state spending to support economic recovery and boost the construction industry, which has been affected by the health crisis. Public Works and Housing Ministry Construction…

Govt Seeks to Boost Production, Attract Investment to Control Sugar Price in 2021

The government is ramping up sugar production and working to attract more investment in the industry to prevent a shortage of the commodity and price hikes in 2021 as the country seeks to recover from the pandemic downturn. The Agriculture Ministry is preparing to work on intensification of 200,000 hectares…

The Vice Minister of Trade Said that EU-CEPA will Increase Fruit Exports to Europe

The Deputy Minister of Trade, Jerry Sambuaga, believes that the EU-CEPA can be a way to increase fruit exports to Europe. Europe itself is one of the major markets for tropical fruit such as pineapples, bananas and mangosteen. With the tariff cutting facility initiated through the EU-CEPA, it is hoped…

Indonesia to Promote Investments in Special WEF Virtual Forum

Indonesia is collaborating with the World Economic Forum (WEF) to host a virtual forum on Wednesday that focuses on economic recovery in the country and the government’s efforts to curb the COVID-19 pandemic, while also promoting investment in key sectors like healthcare. Government representatives are to meet global business players…
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