Business News
Ministry: Investors in Indonesian films have become more varied
The Ministry of Tourism and Creative Economy has assessed that investors in films produced by the Indonesian filmmakers have become increasingly more varied and can encourage the growth and recovery of Indonesian films in a better direction. “Currently, many investors are starting to pool funds, which can reflect the growing…
Indonesia central bank sends field supervisors to enforce digital currency payments ban
The central bank of Indonesia has ordered supervisors to monitor banks in the country, in a bid to make sure the national ban on digital currency payments is being upheld in practice.The central bank governor, Perry Warjiyo, said during a virtual seminar that local institutions and payment providers are still…
West Java Aims to Become ASEAN Investment Hub
West Java Governor Ridwan Kamil on Thursday said he is preparing his province to become ASEAN's investmenthub in the future. He linked this to the massive investment relocation from China due to the Covid-19 pandemic. “We are preparing to become an investment hub in ASEAN because of the investment relocation…
Indonesia Improves in World Competitiveness Ranking
Indonesia has jumped three places in a global competitiveness ranking in 2021 thanks to its economic resilience amid the Covid-19 pandemic, the improvement in government efficiency, and rising confidence among its businessmen, Switzerland-based International Institute for Management and Development, or IMD, announced on Thursday. The largest economy in Southeast Asia…
