Business News

Quarter III-2020, The Volume of Coffee Warehouse Receipt Grows to 215 Percent

PT Kliring Berjangka Indonesia (Persero) released the growth of Coffee Warehouse Receipt up to the third quarter of 2020. Data from the BUMN, which acts as the Warehouse Receipt Registration Center, states that in 2020 the use of Warehouse Receipt Receipts experienced a very significant growth. For the period up…

Sharia Economy to Become ‘New Wave’ of Indonesia’s Economy: VP

The sharia economy could become the “new wave” of Indonesia’s economy and strengthen the country’s economic resilience, Vice President Ma’ruf Amin has said. He cited a Boston Consulting Group (BCG) estimate that there were 64.5 million middle-class Muslims in Indonesia in 2020. This presents a huge opportunity for sharia finance,…

Italy Defense Budget Rebounds Despite Coronavirus Crisis

Italy has announced a major boost to its defense budget even as the country spends millions of euros battling the devastating effect of COVID-19 on its economy. Overall defense ministry spending is up 9.6 percent this year to €15.3 billion (U.S. $18.1 billion), with the procurement budget emerging as the…

Socialization of Minister of Home Affairs Regulation Number 22 of 2020 and Socialization of Guidelines for Mapping Government Affairs in the Framework of Regional Cooperation

The National Support for Local Investment Climates / National Support for Enhancing Local and Regional Economic Development (NSLIC / NSELRED) project and the Ministry of Home Affairs of the Republic of Indonesia held a socialization on Permendagri No.22 of 2020 and socialization of guidelines for mapping government affairs in the…
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