Business News
Indonesia central bank sends field supervisors to enforce digital currency payments ban
The central bank of Indonesia has ordered supervisors to monitor banks in the country, in a bid to make sure the national ban on digital currency payments is being upheld in practice.The central bank governor, Perry Warjiyo, said during a virtual seminar that local institutions and payment providers are still…
West Java Aims to Become ASEAN Investment Hub
West Java Governor Ridwan Kamil on Thursday said he is preparing his province to become ASEAN's investmenthub in the future. He linked this to the massive investment relocation from China due to the Covid-19 pandemic. “We are preparing to become an investment hub in ASEAN because of the investment relocation…
Indonesia Improves in World Competitiveness Ranking
Indonesia has jumped three places in a global competitiveness ranking in 2021 thanks to its economic resilience amid the Covid-19 pandemic, the improvement in government efficiency, and rising confidence among its businessmen, Switzerland-based International Institute for Management and Development, or IMD, announced on Thursday. The largest economy in Southeast Asia…
Saving the Planet with Zero-Carbon-Ready Buildings
Zero-carbon-ready buildings can pave the path to net zero emission by 2050 and save the planet from climate crisis, according to a recent conference on energy efficiency.The International Energy Agency (IEA) revealed building operational carbon emission currently accounts for 28 percent of the global energy-related emissions. If we take into…
