Business News
Bank Indonesia Solidifies Cooperation with Muhammadiyah to Strengthen the Sharia Economy and Finance
Bank Indonesia is committed to strengthening synergy and solidarity with various community groups to accelerate the sharia economy and finance and revive the national economy, including community organisations. To that end, Bank Indonesia and the Muhammadiyah Society signed a Memorandum of Understanding (MoU) at a virtual ceremony held today (17/09)…
G20 Presidency Can Attract Investment to Indonesia: INDEF
Indonesia's 2022 G20 Presidency can attract direct foreign investment to the country, executive director of the Institute for Development of Economics and Finance (Indef), Tauhid Ahmad, has said. "By looking at Indonesia, though indirectly for several nations, investment from abroad can enter Indonesia. At least that is the expectation," Ahmad…
Indonesia Has the 2nd Most Modern Steel Factory in the World
President Joko Widodo (Jokowi) has inaugurated the Hot Strip Mill 2 owned by PT Krakatau Steel (Persero) during a working visit to Banten.He also said that the production process at the Hot Strip Mill is indeed high-tech. This factory has a hot rolled coil (HRC) production capacity of 1.5 million…
Minister of Investment Persuades European Investors to Build Electric Car Battery Factory in Indonesia
Investment Minister Bahlil Lahadalia urges investors, especially investors from Europe, to invest in Indonesia. One of the investments offered is the construction of electric car batteries. According to the Investment Minister, Indonesia has the raw materials needed to manufacture electric vehicles, except lithium batteries. But now, he said, there are…
