Business News
Indonesian economy grows for first time in more than one year
Indonesia's economy grew in the second quarter of 2021, marking the first growth in more than one year.However, analysts warned the recovery might be short-lived due to the resurgence of COVID-19 outbreaks. The Central Statistics Agency (BPS) said Southeast Asia's largest economy grew by 7.07 percent in April-June as compared…
Indonesia's economic recovery moving in right direction: SOE Minister
Indonesia's economic recovery is moving in the right direction since economic growth has reached 7.07 percent in the second quarter of this year, State-owned Enterprises (SOE) Minister Erick Thohir has stated. "This growth shows that the direction of the economic growth is on the right track," Thohir said in an…
Vaccination, tourism development can expedite Toba's economic recovery
Mass vaccination programs and creative economic developments in Lake Toba, North Sumatra, could accelerate economic recovery in the tourism area, according to Tourism and Creative Economy Minister Sandiaga Salahuddin Uno. "These activities are the result of our joint work and quick actions to explore all areas of potential. We aim…
Indonesia proposes formation of digital economy working group at G20
Indonesian Minister of Communication and Informatics Johnny G. Plate has proposed the upgrading of the Digital Economy Task Force to a digital economy working group, during a virtual G20 ministerial meeting on the digital sector. "We believe that the proposal to upgrade the status of the task force to a…
