Business News
Fishery Cultivation Businesses Increase
The number of aquaculture businesses throughout 2021 has increased. Gibran Huzaifah, CEO and Co-founder of eFishery, noted that until the end of 2021, it is estimated that the number of cultivators who have joined the eFishery ecosystem will reach 27,000 people. This figure is an increase of 1,074 percent compared…
Dozens of Foreign Companies Relocate Investment to Indonesia, Targeted to Absorb 70,950 Workers
The Ministry of Investment / Investment Coordinating Board (BKPM) said that at least 23 companies had relocated their investments from several countries to Indonesia with a total investment plan of US$ 8.12 billion in the last two years. As conveyed by the Deputy for Investment Control and Implementation of the…
Deputy Minister of Trade: Trade Agreement Increases Trade Balance Surplus
Deputy Minister of Trade Jerry Sambuaga said that Indonesia's trade balance would continue to increase after Indonesia ratified a number of international trade agreements. In recent years, Indonesia has obtained a trade balance surplus, followed by the deputy minister of trade, Jerry Sambuaga, the agreement on the Indonesian trade agreement…
Jokowi Calls Indonesia's Digital Market Potential to Reach Rp2,092 T in 2025
President Joko Widodo (Jokowi) projects that Indonesia's digital market potential will reach US$146 billion or equivalent to Rp2,092.6 trillion (exchange rate of 14,333) in 2025. According to him, the trend of digital market spikes has started to appear since 2019. At that time, Indonesia's digital market was US$40 billion, then…
