Business News

To Stimulate the Economy, Jokowi Asks The State Budget to Be Diverted 40 Percent to Domestic Products

President Joko Widodo or Jokowi asked all ministers, heads of institutions, to regional heads to reduce the procurement of imported goods. Jokowi wants every agency to encourage the use of domestic products in the procurement of goods. The President emphasized the importance of spurring national economic growth by utilizing the…

Through TIIWG G-20, Indonesia Aims for the Top 10 World Economies in 2030

Indonesia aims to reach the top 10 of the world economy by 2030 through the Trade, Investment, and Industry Working Group (TIIWG) of the G-20 Presidency of Indonesia in 2022, although the industrial sector has only joined the working group when Indonesia is in the G-20 Presidency, which will begin…

Government Plans Strategy to Get IDR 1,200 Trillion Investment in G20

Deputy for Investment Cooperation at the Ministry of Investment/BKPM Riyatno said the government was preparing several strategies to achieve investment in the G20 momentum, which is targeted to reach IDR 1,200 trillion by 2022. "The government has prepared several strategies to achieve the investment target set by President Joko Widodo,"…

The Blessings of Demographics, Indonesian Millennials Must Take Advantage of the Potential of World Halal Products Worth USD 7 Trillion

Deputy Chairperson of the House of Representatives Coordinator for Industry and Development (Korinbang) Rachmat Gobel asked the Indonesian millennial generation to take advantage of the potential of world halal products which reached as much as USD 7 trillion. The potential for halal products includes food, pharmaceuticals, and cosmetics, as well…
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