Business News
Minister of Finance: Expansion of the LCS Facilitates Greater Trade and Investment
Finance Minister Sri Mulyani Indrawati stated that expanding the application of local currency settlement (LCS) with various bilateral partner countries could facilitate greater trade and investment. "This is to facilitate greater trade and investment," she said at the G20 Agenda in Jakarta, Wednesday. Sri Mulyani said that currently Indonesia had…
The Ministry of Tourism and Creative Economy Hopes that International Flights Will Revive Bali's Economy
The Ministry of Tourism and Creative Economy (Kemenparekraf) wants international flights to be served again at Bali's I Gusti Ngurah Rai Airport to be a momentum for economic revival and wider job creation for the people of Bali and Indonesia. After last Thursday (3/2) Bali Airport served the inaugural international…
Boosting Economic Growth, Government Targets Foreign Investment to Increase 30%
Investment Minister Bahlil Lahadalia is optimistic that the investment realization target of IDR 1,200 trillion this year can be achieved. For this reason, he targets foreign investment to increase by 30% this year. "In 2022, our investment target is IDR 1,200 trillion, this is a big burden," Bahlil said at…
Demand for Feed Supplements to Europe and the Middle East Increases After the Odicoff
Export demand for animal feed supplements to Europe and the Middle East has experienced a sharp increase. This follows after the Ministry of Agriculture held One Day with Indonesian Coffee, Fruits, and Floriculture which was held in 10 European countries in 2021. Minister of Agriculture Syahrul Yasin Limpo (Mentan SYL)…
