Business News

Sandiaga Uno Says Govt to Form TMII Management Team

Tourism and Creative Economy Minister Sandiaga Uno said the government would establish a management team for Taman Mini Indonesia Indah or the TMII cultural park. The plan is still being discussed at the State Secretariat Ministry. “The next step will be the formation of a management team. If the State…

Jokowi: The Fastest Growth of Indonesia's Digital Economy and Industry 4.0 in Southeast Asia

President Joko Widodo (Jokowi) stated that the growth of the digital economy and industry 4.0 in Indonesia is the fastest in Southeast Asia. This is because Indonesia has around 2,193 startups, the fifth largest in the world. Indonesia also has 5 unicorns and Indonesia even has 1 decacorn. In the…

These 7 Sectors Are Indonesia's Mainstay In The 10 Largest Economies In The World

Indonesia has ambitions to enter the top 10 countries with the largest economies in 2030. To achieve this target, the government has made a road map for Making Indonesia 4.0, which is an initiative to accelerate the revitalization of the manufacturing sector into the industrial era 4.0. Minister of Industry…

Pertamina plans to issue first-ever green bond by 2022

State-owned oil and gas holding giant Pertamina is planning to issue its maiden green bonds within the coming year to finance its geothermal business. Pertamina is the second Indonesian state-owned energy firm to unveil its plan to issue a sustainable finance instrument after the state electricity firm (PLN), respectively the…
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