Business News
Indonesia Strengthens Logistics Lines Through the Hub & Spoke Concept
Minister of Transportation Budi Karya Sumadi is working on the concept of a main port (Hub) and a feeder port (Spoke) in order to strengthen international logistics routes. The concept of Hub and Spoke is a network pattern that utilizes collecting ports. The Hub and Spoke concept creates a port…
Economic Boost, Government Aims for 2022 Investment of IDR 1,200 T
Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said the realization of investment in 2022 is targeted at Rp 1,200 trillion. This big target aims to boost national economic growth to be above the 5 percent range. "Rp 1,200 trillion is one of the requirements for how to…
The Minister of Energy and Mineral Resources Opens the Doors Widely for New Renewable Energy Investments (EBT)
Investment opportunities in the new and renewable energy (EBT) sub-sector are very wide open. The reason is, Indonesia has great potential from its NRE resources. "Opportunities for investment in the new and renewable energy sub-sector are very wide open," said Minister of Energy and Mineral Resources Arifin Tasrif, Tuesday (11/23/2021).…
Ministry of Investment: Job Creation Law Facilitates Investment
Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said Law Number 11 of 2020 concerning Job Creation had a positive impact on the Indonesian economy, especially in efforts to increase investment realization. Because one of the important points regulated in this regulation is to facilitate business licensing. “One…
