Business News
BREAKING: Constitutional Court Orders Government to amend Job Creation Law
The Constitutional Court on Thursday ordered the government to amend parts of a controversial job creation law within two years, describing it as conditionally unconstitutional. The legislation, which was passed last year, sparked widespread protest across Indonesia over claims it undermined worker rights and weakened environmental protections. Chief judge Anwar…
Foreign Tourist Visits to Indonesia Increase 1.41 Percent in September 2021
The number of foreign tourist visits to Indonesia in September 2021 increased by 1.41 percent compared to August 2021. This was conveyed by the Minister of Tourism and Creative Economy (Menparekraf) Sandiaga Uno. "Alhamdulillah (the number of foreign tourists visiting) is still up by 1.41 percent. Although the increase is…
Cocoa Processing Industry Performance Is Getting Sweeter
The Ministry of Industry (Kemenperin) seeks to increase the competitiveness of the cocoa processing industry in the global arena and become a sustainable sector. With its potential, Indonesia has a great opportunity to increase the added value of cocoa commodities through downstream policies. "Along with efforts to spur the development…
North Sumatra Provincial Government Offers Nine Strategic Projects to Investors
The North Sumatra Provincial Government (Pemprov Sumut) offers nine strategic projects in the area to investors. The provincial government is ready to provide various licensing facilities. "The investment for the nine projects can be through the PPP scheme (government cooperation with business entities) or direct investment," said the Acting (Pj)…
