Business News
Indonesian Manufacturing Index Breaks Record, Minister of Industry: Industry Confidence Rises
The performance of the non-oil and gas manufacturing sector increased. Indonesia's manufacturing Purchasing Managers' Index (PMI) in October was at 57.2, an increase compared to September which was at 52.2. The Minister of Industry Agus Gumiwang said, the soaring PMI of Indonesian manufacturing in the tenth month was the highest…
Investment in the Industrial Sector in Indonesia Reaches IDR 237 Trillion during a Pandemic
In the midst of global economic uncertainty, a number of industrial sectors are still confident to disburse their funds in Indonesia in order to build new factories or expand their business (expansion). This is reflected in the realization of investment in the industrial sector during January-September 2021 which reached Rp236.8…
OJK: Investor Confidence in Indonesian Economy Strengthens
The Financial Services Authority (OJK) said that Indonesia's economic recovery is getting better and the handling of the spread of the Covid-19 pandemic has increased investor confidence in Indonesia's economic conditions going forward. Chairman of the OJK Board of Commissioners Wimboh Santoso said the Indonesian economy grew positively by 7.07…
G20 Leaders Agree Minimum Tax Rate for Giant Companies of 15 Percent
The Summit of the countries with the largest economies in the world (G20 Summit) agreed on a minimum tax rate on the profits of global giant companies of 15 percent. The policy was agreed in line with the concerns of many tax regulators in countries around the world about the…
