Business News

Bahlil Ensures President Jokowi Opens Investment Doors for All Countries

President Joko Widodo (Jokowi) gave directions that Indonesia should open its doors as wide as possible to all countries. This was conveyed by the Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia. Bahlil said President Jokowi also ensured that the government would give equal treatment to all…

Indonesia Ranks 3 Most Growing Startup Businesses in the World

Indonesia is ranked as the third most developed startup business in the world behind Mumbai and Copenhagen. The Global Startup Ecosystem Annual Report (GSER) 2021 ranked Jakarta third after Mumbai in India and Copenhagen in Denmark out of one hundred cities worldwide in the list of 'Evolving start-up ecosystems'. Not…

Sharia Economic Festival Successfully Achieve Rp7.8 Trillion Business Deal

Bank Indonesia (BI) noted that the results of the 2021 Indonesia Sharia Economic Festival (ISEF) resulted in business deals of up to IDR 7.81 trillion. The business agreements obtained came from three sharia festivals (Fesyar) at the regional level. BI Governor Perry Warjiyo said the East Indonesia Festival was centered…

European Union Ambassador: New Capital City (IKN) Becomes an Attractive Foreign Investors to East Kalimantan

The European Union Ambassador to Indonesia and Brunei Darussalam Vincent Piket stated that the European Union supports the efforts of the East Kalimantan Provincial Government to increase trade and investment. He believes that the New Capital City (IKNB) can attract more foreign investment to East Kalimantan Province in the future.…
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