Business News
Indonesian Minister: Economic Chart Forms 'V Shape' as Currency, Index Recover
Indonesia's Coordinating Minister for Economic Affairs, Airlangga Hartarto, said that the state's economy have shown signs of recovery from the Covid-19 crisis, starting in January this year. He referred to the Jakarta Composite Index (JCI) and rupiah exchange rate, which he said to be forming a V shape. "The JCI…
Tourism: Hoping for a "Hot" Summer
Tourism activity represents a considerable part of the economy in Italy, Spain, Portugal, and Greece.The sector accounts for between 6% and 8% of these countries’ GDP directly and for further 8% to 13% indirectly, representing a major component of services exports. Countries have been forced to take restrictive measures to…
Anti-foreign Products; Jokowi Asserts Indonesia Still Adopts Open Economy
President Joko "Jokowi" Widodo asserted that Indonesia still adopted an open economy albeit, in recent days, he has often called on people to love Indonesian products and hate foreign products. “I call on the public to love and be proud of Indonesian products and dislike products from abroad. Once again…
Indonesia Develops Medical Tourism for Elderly Tourists
Minister of State-Owned Enterprises of Indonesia Erick Thohir has said the Indonesian Government will build the Sanur area in Bali into a world-class Health Special Economic Zone (SEZ), focusing on medical tourism serving elderly tourists. Addressing the Investor Forum 2021 webinar on March 3, Thohir highlighted the potential of Sanur…
