Business News

Rebooting Indonesia’s Economy in Post-Pandemic World

In every crisis, new opportunities emerge. The global COVID-19 pandemic has had a strong impact on global trade networks and shipping routes with logistics suppliers grappling with disruptions and economic slowdowns. The pre-COVID-19 globalized world has come to a halt. The question facing governments and corporations alike is what comes…

Good News, Here's the Omnibus Law Called Easier Halal Certification for MSMEs

The omnibus law regulation through the Law or the Job Creation Law is said to facilitate the processing of halal certificates for micro-entrepreneurs. In addition, through the Copyright Law, the management of halal certificates will be made free for small business actors. "Alhamdulillah, through the Job Creation Law, halal certification…

Indonesia to Launch Sovereign Wealth Fund in January Next Year

Indonesia will launch its own sovereign wealth fund in January next year as the government seeks to attract more investment and support the economy amid the coronavirus pandemic. Deputy State-Owned Enterprises (SOEs) Minister Kartika Wirjoatmodjo said on Tuesday the government would soon establish the fund to handle government investments. The…

Car Sales Rise Strongly in September amid Massive Year-on-Year Drop

Domestic car wholesales are continuing their upward trend after crashing to the lowest point in May as the government has sped up stimulus disbursement to boost purchasing power while the Jakarta administration has loosened the reins on measures to contain the coronavirus. Car wholesales grew 30.4 percent month-to-month (mtm) to…
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