Business News

Indonesia Ranks 3 Most Growing Startup Businesses in the World

Indonesia is ranked as the third most developed startup business in the world behind Mumbai and Copenhagen. The Global Startup Ecosystem Annual Report (GSER) 2021 ranked Jakarta third after Mumbai in India and Copenhagen in Denmark out of one hundred cities worldwide in the list of 'Evolving start-up ecosystems'. Not…

Sharia Economic Festival Successfully Achieve Rp7.8 Trillion Business Deal

Bank Indonesia (BI) noted that the results of the 2021 Indonesia Sharia Economic Festival (ISEF) resulted in business deals of up to IDR 7.81 trillion. The business agreements obtained came from three sharia festivals (Fesyar) at the regional level. BI Governor Perry Warjiyo said the East Indonesia Festival was centered…

European Union Ambassador: New Capital City (IKN) Becomes an Attractive Foreign Investors to East Kalimantan

The European Union Ambassador to Indonesia and Brunei Darussalam Vincent Piket stated that the European Union supports the efforts of the East Kalimantan Provincial Government to increase trade and investment. He believes that the New Capital City (IKNB) can attract more foreign investment to East Kalimantan Province in the future.…

President Jokowi Wants to Prove Indonesia's Economic Recovery Is Faster

President Joko Widodo (Jokowi) attended the 38th ASEAN Summit (Summit) virtually. In the meeting, the leaders of ASEAN countries discussed the issue of economic recovery. "We have to prove that we can achieve more than that, through disciplined cooperation and joint steps," he said from the Bogor Presidential Palace, West…
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