Business News
Indonesia wants only electric vehicles by 2050
Moving forward with plans to reduce carbon emissions, Indonesia will only allow electric motorcycles to be sold from 2040, while all new cars in Malaysia’s ASEAN neighbour will be electric from 2050. This was said by Indonesia’s Energy Minister Arifin Tasrif in a Reuters report. This follows plans for the…
Bappenas forecasts 5.78-6.53% GDP growth for eastern Indonesia
The eastern part of Indonesia will see GDP (gross domestic product) growth of 5.78-6.53 percent in 2022, the National Development Planning (PPN) Ministry/National Development Planning Agency (Bappenas) has forecast. "The regional development policy in the RPJMN (medium-term national development plan) 2022-2024 is aimed at reducing disparities among regions. In 2022,…
Bappenas drafting four strategies to boost economic resilience
The National Development Planning (PPN) Ministry/National Development Planning Agency (Bappenas) has said it is preparing four strategies to strengthen economic resilience in pursuit of quality and just growth. The first strategy pertains to economic recovery, PPN Ministry/Bappenas deputy for economy, Amalia Adininggar Widyasanti, disclosed at a working meeting with the…
Deal! Prabowo buys 8 Italian-made warships
One of the world's leading shipbuilding companies from Italy, Fincantieri, confirmed that it had signed a cooperation contract with the Ministry of Defense of the Republic of Indonesia under Defense Minister Prabowo for the provision of frigates.Quoting from the company's official website, Fincantieri will provide six new FREMM class frigates…
