Business News

Transportation Ministry issues new regulation on international travel

The Transportation Ministry has issued Circular Letter Number 63/2021 on International Travel by Air Transportation Amid the COVID-19 Pandemic, effective Wednesday (August 11, 2021). "Indonesian citizens coming from abroad are allowed to enter Indonesia while conducting strict health protocols. Meanwhile, foreigners are still prohibited to enter, except those who fulfill…

Benefits of seaweed cultivation for Indonesian economy

American musician Davendra Banhart once said in an interview that it would be nice to be a seaweed since all it does is float in the water. Seaweed, much like the grass on the ground, is often underestimated by people. This is despite the fact that the commodity has a…

Indonesia can become a 'very easy country' to conduct business: govt

President Joko Widodo expects Indonesia to move to the “very easy category” in the World Bank’s Ease of Doing Business Index. “Indonesia ranks 73rd out of 190 countries in the World Bank’s Doing Business 2020 Report, meaning we have been classified as easy. However, we still have to improve on…

Good prospects for economic growth in Italy

The outlook for the Italian economy continues to be particularly favorable, driven by the recovery in consumers and business confidence, the National Institute of Statistics (ISTAT) reported. In its latest Monthly Report on the behavior of the economy in May and June, the ISTAT highlighted the growth in world trade,…
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