Business News
Jokowi: IKN Nusantara Will Become the Motor of Future Economic Development Innovation
President Joko Widodo (Jokowi) believes Indonesia's economic growth will be better. One of the drivers is the construction of the national capital city (IKN) of the Archipelago. "The development of the IKN (Nusantara) will be one of the engines of economic growth, especially eastern Indonesia, and will be the engine…
The IMF Assesses that Indonesia has Succeeded in Maintaining Economic Stability in the Midst of the Crisis.
The International Monetary Fund (IMF) assesses that Indonesia has succeeded in maintaining economic stability and the financial sector in the midst of the pandemic because it is supported by strong macroeconomic performance and a firm and comprehensive policy response. Based on an official statement from Bank Indonesia received in Jakarta…
Surplus Shallots, Ministry of Agriculture: No Imports Needed
The Ministry of Agriculture said that shallot production is in surplus and can be met domestically until May 2022. That way, there is no need to import shallots. This was revealed from the prognosis data for the strategic food commodity balance of the Ministry of Agriculture, which was presented in…
EU Set to Allocate 50 Million Euros to Support Italy's Agriculture
A European meeting on agriculture has discussed using emergency funds for the industry and allocating 50 million euros ($55 million) to support Italian businesses in the sector, Agriculture Minister Stefano Patuanelli said on Tuesday. The minister added that Italy would itself allocate a further 100 million euros to co-finance the…
