Business News
Indonesian Bicycle Exports Increase During the Corona Pandemic, These Are the Numbers
The Covid-19 corona virus pandemic has increased the number of bicycle users, not only in Indonesia but also in the world. The increasing trend of cycling during the pandemic was noted by Strava, an app that measures physical activity or exercise. Strava noted, throughout 2020 there was an increase in…
Indonesia’s Sovereign Wealth Fund Should Look 'Beyond Infrastructure'
Indonesia’s sovereign wealth fund should diversify its investment beyond infrastructure projects to attract foreign capital, while maintaining transparency, according to the Institute for Development of Economics and Finance (Indef). Indef economist Eko Listiyanto said that while infrastructure projects were still profitable, the global trend showed that sovereign wealth funds invested…
LPI Opens the Door for Investors to Enter 3 Infrastructure Projects and BUMN Shares
The government focuses on inviting investors to develop infrastructure projects, in the first two years of the establishment of the Investment Management Institution (LPI) or SWF Indonesia. This is stated in the LPI roadmap for the next three to five years. "We focus on infrastructure assets, such as toll roads,…
Indonesia Steps Up Creative Economy Drive
The United Nations has declared this year the International Year of Creative Economy for Sustainable Development. Indonesia, having sponsored the proposal and proposed the theme of "Inclusively Creative: A Global Recovery", will lead the initiative to promote the creative economy, which is expected to become a new driver or prosperity.…
