Business News
New Pelaung, Indonesian Porang Exports Increase 160 Percent
Deputy Minister of Trade (Wamendag) Jerry Sambuaga said continuous efforts were needed so that Indonesia became a major player in the trade and industry of Porang (konjac). According to him, the Porang market is very large and Indonesia has not been included as the top five exporters in the world.…
Sandiaga Uno Will Collaborate with BKPM to Boost Tourism Investment
The realization of tourism investment showed an upward trend at the end of 2020, after having slumped in the second quarter. Minister of Tourism and Creative Economy (Menparekraf), Sandiaga Uno said, the realization of tourism investment in 2020 reached USD 2.15 billion, or Rp. 30.99 trillion. In detail, foreign investment…
Tourist villages emblematic of Indonesia's economic revival: Minister
Tourist villages are a symbol of Indonesia’s economic revival since their development would have positive impacts on the welfare of local communities, Tourism and Creative Economy Minister Sandiaga Salahuddin Uno stated. “The recent tourism trend has shown that tourist village is Indonesia’s tourism future and the symbol of our economic…
BI Allows Foreign Investors to Hold Company Shares Paying up to 85 Percent
Bank Indonesia (BI) ensures that foreign payment service providers (PJP) can operate in Indonesia. But the company must have or get permission from BI first. The payment service provider must not only have a license from BI but also have to bring a permit from the country of origin to…
