Business News

Rise in agricultural exports improving farmers' welfare: President

A 15.79-percent year on year increase in agricultural exports in 2020 has contributed to farmers' welfare, as seen from the farmer's exchange rate (NTP), which has continued to improve, President Joko Widodo has said. "In June 2020, the farmer's exchange rate was 99.60, and consistently increased to 103.25 in December…

PMN for 12 SOEs seen supporting post-pandemic recovery

The government and the House of Representatives (DPR) have decided to provide Rp72.44-trillion in State Equity Participation (PMN) to 12 state-owned enterprises (SOEs) in 2022. The attempt is aimed at supporting post-pandemic national economic recovery by supporting running projects, especially those related to public service obligations – infrastructure construction, logistics…

Indonesia must focus on developing internet, space technology: expert

Indonesia must independently develop space technology, renewable energy, and Internet, chairman of the Indonesian Cyber Research Institute (CISSReC) Dr. Pratama Persadha has said. "Indonesia could focus on these three important things, (renewable energy, internet, and space technology), in the digital era like now, since this nation was able to build…

Transportation Ministry issues new regulation on international travel

The Transportation Ministry has issued Circular Letter Number 63/2021 on International Travel by Air Transportation Amid the COVID-19 Pandemic, effective Wednesday (August 11, 2021). "Indonesian citizens coming from abroad are allowed to enter Indonesia while conducting strict health protocols. Meanwhile, foreigners are still prohibited to enter, except those who fulfill…
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