Business News

4 Dams in National Strategic Projects to Continue Construction amid Pandemic

President Joko “Jokowi” Widodo in his latest Instagram post on Thursday announced that the construction of national strategic projects will continue to be worked on despite being in the middle of a Covid-19 pandemic. According to the caption in his post, some of the projects he refers to are the…

Indonesia to continue pushing development of its EV industry despite disruption from pandemic – Jokowi

Despite the economic impact brought about by the Covid-19 pandemic, Indonesia will continue its efforts to develop its electric vehicle (EV) industry, and not just with the production of raw materials, said president Joko Widodo.“We have a great opportunity in developing industries from upstream to downstream. We must develop downstream…

Investment must be integrated with inclusive economic growth: Jokowi

Indonesian President Joko Widodo (Jokowi) called on investment development to be integrated with inclusive and equitable economic growth. "Promoting investment development must become an integrated part of inclusive and just economic growth," President Jokowi stated during a speech at the Annual Session of the People's Consultative Assembly (MPR) and the…

Cyber industry can assist in Indonesia's economic recovery: CISSReC

The cyber industry can help recover Indonesia's economy amid the COVID-19 pandemic, Head of non-profit cyber research institution CISSReC, Pratama Persadha, said on Tuesday. This is based on data from 2020 showing that the transaction value of Indonesia's digital trade has reached more than Rp253 trillion, he said. "We project…
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