Business News
Jewelry investment trending among Indonesians
For 29-year-old Aprilia Ayu Ramadhani, or Lia, jewelry is not merely a collection of accessories, but a lifesaver. When her car broke down recently, requiring millions of rupiah for the repair, she went to a gold store to trade in her jewelry in return for the cash she badly needed.“It…
Indonesia formulates plan to become upper-middle income country
Finance Minister Sri Mulyani Indrawati said at a Cabinet meeting on Wednesday that Indonesdia is formulating plans to become a upper-middle income country.“We just presented our development challenges […] for Indonesia to upgrade itself from a middle- to an upper-middle income country,” Sri Mulyani said as quoted by Antara.During the…
‘Tol Laut’ Program Boosts Distribution of Supplies
The tol laut (maritime highway) program has managed to boost the distribution of supplies in the last three years, an official has said.Citing data from Statistics Indonesia (BPS), Transportation Ministry sea transportation director general Wisnu Handoko said in Jakarta on Tuesday that, in 2015, the nationwide distribution of supplies was…
Gas integral to transition to clean energy: Gas industry
Gas industry players believe the countrys transition toward clean energy is dependent on gas' contribution to the energy mix. The intermittent nature and high cost of renewable energy are considered two major hurdles to phasing out fossil fuels. Hazli Sham Kassim, the International Gas Union (IGU) regional coordinator for South…
