Business News
Indonesia is the Largest Digital Economy Market in Southeast Asia
The e-Conomy SEA report compiled by Google, Temasek, and Bain & Company states that Indonesia is the largest digital economy market or internet economy in Southeast Asia, with 37 percent of digital consumers using new services due to the Covid-19 pandemic. Partner and Leader of Southeast Asia Private Equity Practice…
Tourism Vouchers Rolled Out in Indonesia to Encourage Local Spending
Eager to revive Indonesia’s ailing tourism industry, the Ministry of Tourism and Creative Economy has rolled out an incentive programme dubbed Big Promo to draw domestic travellers to tourist destinations in 12 locations across Indonesia, such as Belitung Island, Yogyakarta, Bali, Lombok, and Manado. Under the programme, the government has…
Indonesian Coal Export Trend Increases
Minister of Trade Agus Suparmanto said that the trend of Indonesian coal exports to world markets continues to increase. Moreover, Indonesian coal is considered high quality. As a keynote speaker at the Coaltrans Asia 2020 Virtual Conference organized by the Indonesian Coal Mining Association (APBI), Agus said coal was a…
Fintech Expands Retail Investment Among Young Indonesians
Fintech platforms are projected to aid the surge in the number of Indonesia’s retail investors in the future, particularly as the younger generation is tapping into investment amid the COVID-19 crisis, the Indonesian Central Securities Depository (KSEI) has said. KSEI data show that the number of investors in equities, mutual…
