Business News
Indonesia to Expand Farms Estate by 10 Times of Singapore’s Size
Indonesian President Joko Widodo on September 23 announced a plan to develop vast farm estates across the archipelago to ease the nation’s reliance on imported food. Under the plan, the farm estates will expand nearly 800,000 hectares, an area 10 times the size of neighbouring Singapore, to grow rice, cassava…
Govt Kicks Off ‘Coffee Week’ to Market Regional Beans
The Trade Ministry launched “Indonesia Coffee Week” on Monday to promote the nation’s beans and boost exports, especially to the European Union (EU), as trade lags during the pandemic. The event aims to market coffee varieties with a Geographical Indication (GI), a designation for products that have a specific region…
Indonesia’s AI Starts-up Ecosystem is Growing Up
Over the last two decades, Indonesia’s startup economy has really come into its own, but its artificial intelligence (AI) startups have only started gaining wider attention this year.This was emblematic of other technologies that were thrown into the limelight during the pandemic, as consumer behavior shifted rapidly and workforces became…
EAEU thinks about creation of free trade zone with Mongolia and Indonesia
The Eurasian Economic Union (EAEU) will study the prospects for concluding free trade agreements with Mongolia and Indonesia. The Eurasian Economic Commission (EEC) reported. The EEC Council decided to form joint research groups to study the feasibility of concluding free trade agreements with Mongolia and Indonesia. According to experts, trade…
