Business News
Indonesia to continue pushing development of its EV industry despite disruption from pandemic – Jokowi
Despite the economic impact brought about by the Covid-19 pandemic, Indonesia will continue its efforts to develop its electric vehicle (EV) industry, and not just with the production of raw materials, said president Joko Widodo.“We have a great opportunity in developing industries from upstream to downstream. We must develop downstream…
Investment must be integrated with inclusive economic growth: Jokowi
Indonesian President Joko Widodo (Jokowi) called on investment development to be integrated with inclusive and equitable economic growth. "Promoting investment development must become an integrated part of inclusive and just economic growth," President Jokowi stated during a speech at the Annual Session of the People's Consultative Assembly (MPR) and the…
Cyber industry can assist in Indonesia's economic recovery: CISSReC
The cyber industry can help recover Indonesia's economy amid the COVID-19 pandemic, Head of non-profit cyber research institution CISSReC, Pratama Persadha, said on Tuesday. This is based on data from 2020 showing that the transaction value of Indonesia's digital trade has reached more than Rp253 trillion, he said. "We project…
Italy gets 25 billion euros in first tranche of EU virus recovery fund
Italy on Friday obtained 24.9 billion euros ($29.3 billion), its first tranche of cash from the 800 billion euro EU Restoration Fund, aimed toward serving to the bloc rebound from the impression of the COVID-19 pandemic and likewise making its financial system greener and extra digitalised.Italy has been allotted a…
