Business News

World Bank Helps Indonesia Reduce Carbon Emissions

The World Bank and Indonesia’ environment and forestry ministry have signed a landmark agreement on Forest Carbon Partnership Facility (FCPF) worth 110 million USD. The move aims to support the Southeast Asian country’s efforts to lower carbon emissions due to deforestation and forest degradation between now and 2025. The FCPF…

Tourism Ministry Launches Concert Videos Set in Indonesia’s Top Destinations

The Tourism and Creative Economy Ministry in collaboration with Hype Festival has launched Wonders, a series of live mini concert videos taking place in five of Indonesia’s super-priority tourist destinations. The series premiered on Wednesday with a performance by DJ APSARA, who played her set on the tiny sand island…

UN Plan Seeks Clean Energy Progress in Indonesia During Pandemic

The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has launched the SDG7 road map for Indonesia to help the country accomplish its sustainable energy goals amid the challenges posed by the ongoing COVID-19 pandemic. In a statement issued on Wednesday, ESCAP said the development of…

Indonesia Expects to Ratify Trade Deal with EFTA Soon to Attract New Investment

The Indonesian government is expecting to finish the ratification of the comprehensive economic partnership agreement with Iceland, Lichtenstein, Norway and Switzerland early next year in a bid to attract investment from those countries amid the COVID-19 crisis. After seven years of negotiations, the agreement between Indonesia and the European Free…
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