Business News

Economic Recovery Strategy Focuses on Industrial Sector: Bappenas

Economic recovery strategy is focused on the industrial sector that can leverage employment and have high multiplier effects in the economic transformation framework, National Development Planning Minister/National Development Planning Agency (Bappenas) Head, Suharso Monoarfa, stated. “The COVID-19 pandemic has surely hit the supply chain hard and decreased industrial utilization. Through…

Gov't Proposes $5 per Ton Carbon Tax to Curb Greenhouse Gas Emissions

The government has submitted a proposal to impose a carbon tax starting next year, as part of the country's tax code reform, to reduce carbon emissions and meet its commitment to climate change mitigation, a minister said on Monday. In the 2021 bill about the Revision of General Provisions and…

Recycling industry processing just one-third of nation's waste: govt

The domestic recycling industry has the capacity to process just two million tons of plastic waste out of the 6.8 million tons of waste produced in the country, a government official has said. "Only two million tons could be processed, it would need more investment to process the remaining four…

Support TADEX to bolster an inclusive digital ecosystem: president

Indonesian President Joko Widodo has invited all parties to support the existence of a digital platform created by the Indonesian nation's Digital Exchange (TADEX) to encourage an inclusive digital ecosystem. The head of state extended the invitation during his virtual remarks at the TADEX launch event witnessed through the Zoom…
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