Business News
KKP Minister: Indonesia is Optimistic to be the World's Largest Lobster Export Country
Minister of Marine Affairs and Fisheries (KKP) Sakti Wahyu Trenggono, stated that Indonesia is the largest exporter of cultivated lobster in the world. His party has also made a presentation and directly harvested the lobster cultivated by PT. Lautan Berkah Perkasa which is a member of GPLI with the Minister…
New Retail Bond Issue Aims to Raise $712M for Economic Recovery, COVID-19 Vaccines
The government is looking to raise Rp 10 trillion (US$711.6 million) from a new series of domestic retail bonds to fund the country’s fiscal deficit and COVID-19 vaccination program, the Finance Ministry announced on Monday. “The proceeds will be used to fund the pandemic handling and economic recovery [efforts] including…
Investment to Grow in 2021 as Post-Pandemic Hopes Rise
More investment is expected to materialize in Indonesia this year, analysts believe, as reform and hopes of a receding pandemic boost expectations, while the government approaches bona fide companies, such as Tesla, to invest in the country. The Investment Coordinating Board (BKPM) announced on Monday that Indonesia recorded a growth…
Fiscal Benefits in Italy for Foreign Investors and Workers
The Italian government is encouraging foreigners to move to Italy through several legislative measures. Since 2015, different governments and different majorities have passed several laws in order to grant fiscal and administrative benefits for foreign investors and workers, who want to live, work, and do business in Italy. In this…
