Business News

Economy Recovers, Local Brands Optimistic to Face Ramadan and Eid

Indonesia as the largest Muslim country in the world has people who actively participate in driving the economy in the month of Ramadan. Not surprisingly, the fastest economic growth usually occurs in the month of Ramadan or before Eid. The increase in sales turnover in the month of Ramadan indicates…

Starting Next Week, the Quarantine Period for Travelers from Abroad will be Reduced to 3 Days

The Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, stated that the quarantine period for Foreign Travel Actors (PPLN) was again cut to 3 days starting March 1, 2022, or next week at the earliest. Previously, PPLN's quarantine period had also been cut from 7 days to 5…

Welcoming G20, This is the Preparation of the Implementing Agency for the Labuan Bajo Flores Authority

The G20 presidency held in Indonesia will be an opportunity to revive the economy. Although centered in Bali, these activities are for the surrounding areas, including Labuan Bajo, Flores, East Nusa Tenggara (NTT). The Managing Director of the Implementing Agency for the Labuan Bajo Flores Authority (BPOLBF) Shana Fatina said…

Menparekraf said MotoGP Contributed IDR 500 Billion to the Local Economy

Minister of Tourism and Creative Economy (Menparekraf) Sandiaga Uno said the 2022 MotoGP event at the Mandalika International Circuit, Lombok, West Nusa Tenggara (NTB), will contribute to the local economy as much as IDR 500 billion. "Based on our calculations, this event has also created 11,000 jobs during the pre-season…
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