Business News
Indonesian Government Preparing Bali for International Tourist
For both backpackers and luxury-orientated travelers, it truly doesn’t get much better than Bali. A slice of paradise noted for its stunning landscapes, perfect beaches and impressive temples, Bali is loved the world over and is a must-visit spot in Southeast Asia. Since the start of the pandemic, the island…
Indonesia Exports Tuna to Jellyfish Worth Rp. 129 Billion
The Ministry of Maritime Affairs and Fisheries (KKP) together with the interim KP Minister Syahrul Yasin Limpo released 1,739 tons of fishery exports at New Priok Container Terminal (NPCT 1), North Jakarta, Thursday (10/12/2020). During the January-10 December 2020 period, the volume of fisheries exports reached 388,655 tons, growing 8.74…
Pandemic, Pulp and Paper Industry Exports Ratcheting Two Digits
The Covid-19 pandemic has stagnated a large part of the domestic manufacturing sector. However, the national paper industry is still performing like normal conditions. The Indonesian Pulp and Paper Association (APKI) projects that the total volume of paper exports throughout 2020 will increase by around 24.3 percent annually to 6.75…
Jokowi: Sovereign Wealth Fund Can Make BUMN Infrastructure and Energy Healthy
The government will establish an Investment Management Institution (LPI) or Sovereign Wealth Fund (SWF). The formation of the LPI or SWF is intended as an alternative to financing development in Indonesia. President Joko Widodo (Jokowi) said that the launch of the SWF will be carried out in early 2021. It…
