Business News

Researcher: The Job Creation Law Opens Opportunities for Increasing Foreign Investment in the Agricultural Sector

Head of Research Center for Indonesian Policy Studies (CIPS) Felippa Amanta said, the ratification of the Omnibus Law on the Job Creation Act opens opportunities for increased foreign direct investment (FDI) in the agricultural sector, such as in plantations, livestock, and horticulture. The opportunity to increase investment in this sector…

President Underscores Need to Maintain Positive

President Joko Widodo (Jokowi) laid emphasis on the need to maintain positive growth in the agriculture sector in the wake of the COVID-19 pandemic to boost the welfare of farmers and fishermen. During a virtual meeting on farmers’ corporation at the Bogor Presidential Palace, West Java, on Tuesday, Jokowi called…

Industry Can Import Sugar and Salt Directly Without Importers

President Joko Widodo (Jokowi) now allows the industry to import industrial salt and sugar directly. That way, no more imports are carried out by intermediaries or third parties. So far, industries that need industrial sugar and salt have to buy through importers. Later, the industry does not need to buy…

Exports of Creative Economic Products Bolster Tourism Recovery

Creative economic product exports and marketing digitization of those products help bolster recovery of the tourism industry in Indonesia, according to an official. Exports and digitization were among the government's steps taken to restore the tourism sector and creative economy, Tuti Prahastuti, Director of Promotion and Image Development of the…
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