Business News

Bring Tech to Agriculture, MSMEs for Economic Growth: McKinsey

Indonesia needs to bring technology to agriculture and smaller businesses, for the country to unlock post-pandemic growth and become the seventh top economy by 2030, according to global consulting firm McKinsey & Company.In a recent report, McKinsey revealed the return to pre-pandemic growth rates would be crucial for Indonesia to…

Indonesia continues to promote ‘Work From Bali’ initiative to revive local economy

Seven ministries in Indonesia are signing on to support the Work From Bali program, as efforts continue to revive the province’s deeply battered economy. Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan signed a memorandum of understanding (MoU) with hotels in the Nusa Dua complex yesterday, which will see…

Indef sees economy growing 2% in Q2, recession easing

The Indonesian economy will show positive growth of two percent (year on year) in the second quarter of 2021, economic observer with Institute for Development of Economics and Finance (Indef), Bhima Yudhistira, has forecast. The economy had contracted 0.74 percent in the first quarter of this year. "Our initial estimate is…

Kadin: A total of 22,736 registered companies for Mutual Cooperation Vaccination

Head of the Indonesian Chamber of Commerce and Industry, Rosan Roeslani, said that 22,736 companies had registered to participate in the Mutual Cooperation Vaccine program. This vaccination program was initiated by Kadin starting last January with the President and the Ministry of Health with the aim of accelerating herd immunity.…
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