Business News
Amin highlights spike in halal product sales during mudik ban
Jakarta (ANTARA) - Vice President Ma'ruf Amin pointed to a rise in the online sales of halal products during the Eid al-Fitr mudik (exodus) ban and travel restrictions in 2020. "In May 2020, when the mudik restriction was imposed and the Eid al-Fitr holidays were shortened, the transaction of halal…
Indonesia's economy to return to 5% growth in 2022: ADB
Jakarta (ANTARA) - The Asian Development Bank (ADB) has projected that the Indonesian economy will return to high growth, last seen in the pre-pandemic era, in 2022, with the economy forecast to expand 5 percent next year. The bank also projected a 4.5-percent economic growth for Indonesia for this year.…
FDI Make a Smashing Return to Indonesia
The foreign direct investments into Indonesia has grown rapidly first quarter this year, reflecting investors' confidence in Indonesia's structural reform as global investments activities start to recover from the Covid-19 pandemic slump. The FDI rose 14 percent to Rp 111.7 trillion ($7.7 billion) in the January to March period from…
Indonesia needs aggressive strategies to drive Islamic economy: VP
Indonesia will require to apply aggressive strategies to drive Islamic-based economic and financial development, according to Vice President Ma'ruf Amin. Improving data on domestic halal products poses the biggest challenge for Indonesia, as the world’s largest producer of halal products, to grow, Amin noted in a statement here on Tuesday.…
