Business News

Indonesia is a Popular Investment Destination in Southeast Asia

Indonesia is said to be the most popular investment destination in Southeast Asia, along with increased transaction activity in the first half of 2021. Indonesia's popularity has even surpassed Singapore. Managing Director, Investment (Telecommunications, Media & Technology and South East Asia), from Temasek, Fock Wai Hoong, said Indonesia was able…

The Government Provides Investment Facilities for the Energy and Mineral Resources, Food, and Defense Sectors

Deputy for Investment Climate Development (PIPM) of the Ministry of Investment / Investment Coordinating Board (BKPM) Yuliot conveyed that investment is important to encourage national resilience and economic resilience. For this reason, the government is keen to provide investment facilities and ease of doing business. “In line with the concept…

Thanks to PPnBM Incentives, Automotive Component Industry Grows 40%

The performance of the automotive component industry shows a positive trend as a result of the Government-borne Luxury Goods Sales Tax incentive policy (PPnBM DTP). Minister of Industry (Menperin) Agus Gumiwang Kartasasmita said the growth of the automotive component industry in the January-September 2021 period rose 40 percent with an…

These are the Three Agricultural Export Commodities that Rise High

The Central Statistics Agency (BPS) noted that agricultural exports in October 2021 reached US$410 million. This achievement indicates that agricultural exports grew by 2.7 percent compared to the previous month (mtm). There are three commodities that contributed greatly to this growth. "For the agricultural sector, the largest portion is filled…
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