Business News
Govt Seeks to Boost Production, Attract Investment to Control Sugar Price in 2021
The government is ramping up sugar production and working to attract more investment in the industry to prevent a shortage of the commodity and price hikes in 2021 as the country seeks to recover from the pandemic downturn. The Agriculture Ministry is preparing to work on intensification of 200,000 hectares…
The Vice Minister of Trade Said that EU-CEPA will Increase Fruit Exports to Europe
The Deputy Minister of Trade, Jerry Sambuaga, believes that the EU-CEPA can be a way to increase fruit exports to Europe. Europe itself is one of the major markets for tropical fruit such as pineapples, bananas and mangosteen. With the tariff cutting facility initiated through the EU-CEPA, it is hoped…
Indonesia to Promote Investments in Special WEF Virtual Forum
Indonesia is collaborating with the World Economic Forum (WEF) to host a virtual forum on Wednesday that focuses on economic recovery in the country and the government’s efforts to curb the COVID-19 pandemic, while also promoting investment in key sectors like healthcare. Government representatives are to meet global business players…
Indonesia is the Largest Digital Economy Market in Southeast Asia
The e-Conomy SEA report compiled by Google, Temasek, and Bain & Company states that Indonesia is the largest digital economy market or internet economy in Southeast Asia, with 37 percent of digital consumers using new services due to the Covid-19 pandemic. Partner and Leader of Southeast Asia Private Equity Practice…
