Business News
Jokowi Issues Policy on Covid-19 Vaccine Development Team
President Joko 'Jokowi' Widodo issued Presidential Decree No. 18 of 2020 on the national team for the acceleration of Covid-19 vaccine development. The policy was enacted on September 3, 2020.In Article 3, the national team has four goals. First, to accelerate the development of the Covid-19 vaccine in Indonesia. Second,…
Opportunities for Farmers to Make Profit through Digital Applications
Agriculture is one of the three sectors that grew positively in the second quarter, amid the corona pandemic. The real wages of farm workers have also increased starting in May, after having decreased since the beginning of the year. However, agricultural startups claim farmers' income can increase up to 10…
Flooding Incentives from the Government to Ground Electric Cars
The government seems to have really revived the electric car industry in Indonesia. The Financial Services Authority (OJK) has also prepared an incentive scheme for banks to channel battery electric vehicle (BEV) financing. The focus of the incentives is to boost the upstream electric vehicle industry, including manufacturers of batteries,…
INDONESIA NEEDS 31.000 CHARGING STATIONS TO REACH ELECTRIC VEHICLE GOALS
State-owned electricity giant PLN estimates that Indonesia needs more than 31,000 new electric vehicle (EV) charging stations by 2030 to reach government goals. Private and public players need to invest Rp 54.6 trillion (US$3.7 billion) to install 31,000 commercial charging stations over the course of 10 years, according to PLN's…
