Business News
In Boost to Recovery, EU Approves Investment Plans of Italy, France, Spain
EU finance ministers adopted the investment plans of 12 member states on Tuesday, including those of Italy, Spain and France, paving the way for the first disbursements of EU funds to boost the economic recovery from the COVID-19 pandemic. The European Commission estimates the 800 billion euro ($948 billion) recovery…
Jokowi: RI's Digital Economy will be the Largest in Southeast Asia
President Joko Widodo (Jokowi) said the potential of Indonesia's digital economy is enormous. In fact, according to him, the value of Indonesia's digital economy could become the largest in Southeast Asia by 2030. Jokowi revealed that throughout last year, the value of Indonesia's digital trade transactions reached Rp. 253 trillion.…
Equal investment access for MSME cooperatives, large investors assured
President Joko Widodo (Jokowi) has assured that the Indonesian government will ensure both MSME-based investors and cooperatives as well as large-value investors have equal access to investment opportunities in the country. Not just large investors and foreign investors, investors from MSMEs and cooperatives also create job opportunities for the community…
Moeldoko invites banks to support the acceleration of the electric vehicle program
Presidential Chief of Staff Moeldoko asked all parties to work together to support the acceleration of the Battery-Based Electric Motorized Vehicle (KBLBB) Program. "The President has signed Presidential Decree No. 55 of 2019 concerning the Acceleration of the Battery-Based Electric Motor Vehicle Program for Road Transportation. With this policy, it…
