Business News

Economic Growth Hoist, Local Product Shopping Targeted at 80%

The government continues to optimize the purchase of domestic products, especially those from Micro, Small and Medium Enterprises (MSMEs). This step is a follow-up to the affirmation of the purchase and use of domestic products. The target for purchasing domestic products is the government's expenditure on goods/services of Rp. 400…

Jokowi: IKN Nusantara Will Become the Motor of Future Economic Development Innovation

President Joko Widodo (Jokowi) believes Indonesia's economic growth will be better. One of the drivers is the construction of the national capital city (IKN) of the Archipelago. "The development of the IKN (Nusantara) will be one of the engines of economic growth, especially eastern Indonesia, and will be the engine…

The IMF Assesses that Indonesia has Succeeded in Maintaining Economic Stability in the Midst of the Crisis.

The International Monetary Fund (IMF) assesses that Indonesia has succeeded in maintaining economic stability and the financial sector in the midst of the pandemic because it is supported by strong macroeconomic performance and a firm and comprehensive policy response. Based on an official statement from Bank Indonesia received in Jakarta…

Surplus Shallots, Ministry of Agriculture: No Imports Needed

The Ministry of Agriculture said that shallot production is in surplus and can be met domestically until May 2022. That way, there is no need to import shallots. This was revealed from the prognosis data for the strategic food commodity balance of the Ministry of Agriculture, which was presented in…
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