Business News

Gas integral to transition to clean energy: Gas industry

Gas industry players believe the countrys transition toward clean energy is dependent on gas' contribution to the energy mix. The intermittent nature and high cost of renewable energy are considered two major hurdles to phasing out fossil fuels. Hazli Sham Kassim, the International Gas Union (IGU) regional coordinator for South…

Indonesia Ranks Third Among Most Optimistic Countries

Indonesia ranks third among the most optimistic countries globally, after India and the Philippines, according to the Conference Board Global Consumer Confidence Survey, which was conducted in collaboration with Nielsen.Nielsen’s press release issued on Wednesday said Indonesian consumers’ level of optimism in the fourth quarter of 2018 was stable, with…

GDP in Agricultural Sector Increases to Almost Half of State Budget

Agriculture Minister Andi Amran Sulaiman has claimed that the national gross domestic product (GDP) from the agricultural sector has increased significantly to almost half of the state budget since President Joko Widodo (Jokowi) took office in October 2014. "During the early days of Jokowi`s government in 2014, the GDP in…

Indonesia Aims to be Regional Digital Technology Hub in 2020

The government has vowed to improve the regulatory framework related to Indonesias digital economy as it aspires to become Southeast Asias digital hub next year.In the near future, digital technology will deeply influence the countrys development, said Rudy Salahuddin, an official from the Office of the Coordinating Economic Minister.For that…
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