Business News
Developing industrial estates to drive economic growth
Manufacturing is the largest sector in the national economy. The manufacturing sector contributed to 19.9 percent of Indonesia’s gross domestic product (GDP) in 2020, showing that it has a large role in boosting economic growth.However, the manufacturing sector’s contribution to GDP has decreased since 2004. In 2003, for example, its…
Auto sector stimulus not enough for Indonesia economy
The Indonesian government’s stimulus for the automotive sector is not sufficient to revive the economy, an expert said on Tuesday.“It is necessary to add cash-intensive programs,” Mohammad Faisal, an economist at the Center of Reform on Economics, said during a virtual discussion. Since the start of April, Indonesia has cut…
Coordinating Minister Airlangga Opened Up Renewable Energy Opportunities in RI
Coordinating Minister for the Economy Airlangga Hartarto said that Indonesia is ready to view committed to reducing 29% of greenhouse gas emissions from business as usual and 1% from business as usual from international assistance by 2030. This agreement has been ratified by Law No. 16/2016 on the ratification of…
Formalizing informal sector key to new plastics economy: Industry
Businesses are aiming to lift the lives of informal waste pickers, the backbone of Indonesia’s waste management system, while optimizing the circular economy in the packaging sector.Karyanto Wibowo, chairman of the Packaging and Recycling Association for Indonesia’s Sustainable Environment (PRAISE), said that formalizing the informal waste sector would be ideal…
