Business News

Coordinating Minister Luhut Targets 5 Super Priority Tourism Destinations Completed in 2024

The Coordinating Minister for Maritime Affairs and Investment (Menko Marves), Luhut Binsar Pandjaitan, ensured that Indonesia's 5 Super Priority Tourism Destinations (DPSP) would be completed by 2024. For now, Coordinating Minister Luhut revealed that the construction of the 5 DPSPs was being monitored according to the target or progress on…

Extraordinary! RI's Electricity Sales Skyrocket By 6.17%

PT PLN (Persero) recorded the best increase in sales in 2022 of 270.82 TWh with a total of 85.28 million customers. This figure increased by 15.75 TWh or 6.17% compared to the previous year which was only 255.07 TWh.Main Director of PLN, Darmawan Prasodjo explained, that PLN is taking various…

Rely on 10 Commodities, Indonesia Trade Surplus with Switzerland

Indonesia's trade relations with Switzerland have survived amid the COVID-19 pandemic. In fact, according to data from the Indonesian Embassy in Bern, Switzerland, Indonesia will record a trade surplus with Switzerland in 2022.Indonesia's trade performance is still strengthening and showing a surplus in the January-December 2022 period. Indonesia's total export…

Startups: EU response to US Subsidies Must Go Beyond State Aid, Tackle Procurement Rules

A series of European startup organisations co-signed a non-paper encouraging the European Commission to consider reviewing public procurement rules for SMEs to better support the ‘twin’ digital and green transitions as the EU adopts its Green Deal Industrial Plan. Fifteen startup bodies from across the bloc, spearheaded by French France…
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