Business News

World Bank Approves New Partnership Framework with Indonesia

The World Bank's Board of Executive Directors approved the new Country Partnership Framework (CPF) with Indonesia for the period 2021-2025. The overarching objective of the new framework is to increase efforts to recover the economy due to Covid-19 and to promote sustainable and inclusive growth in the future.  "Through this…

World Market Potential US $ 22 Billion, RI Eyes Ornamental Plant Exports

The government has begun to look at the export of ornamental plants (floriculture), considering the global market potential of US $ 22.32 billion. The market potential for ornamental plants in the world even exceeds the market for coffee and tea.Coordinating Minister for Economic Affairs Airlangga Hartarto said Indonesia has a…

Jokowi Orders Strengthening of 'Green Economy' and 'Blue Economy'

President Joko Widodo has been aggressively promoting the green economy on almost all occasions. This is not without cause. This is because the whole world has started to develop a green economy which can also have a good impact on the environment in the future. Moreover, according to Jokowi, Indonesia…

Govt to expedite development of halal industrial estates

The government will speed up the development of halal industrial estates (KIH), including the one established in the Cikande Modern Industrial Estate in Serang district, Banten, to boost Indonesia’s halal industry, the Industry Minister said. The KIH ‘Halal Modern Valley’, which is being established in the Cikande Modern Industrial Estate,…
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