Business News
Waskita Beton Receives New Contract of IDR 1.86 Trillion Throughout 2020
In 2020, PT Waskita Beton Precast Tbk (Waskita Beton Precast) successfully booked the company's new contract value of IDR 1.86 trillion. The acquisition of this new contract was dominated by external projects amounting to Rp. 998.79 billion (54 percent) through the Binjai Pangkalan-Brandan Toll Road Project, Banda Aceh-Sigli, NCICD and…
Sri Mulyani Talks of Economic Challenges Post Pandemic
Finance Minister Sri Mulyani said that all countries are facing social and economic challenges after the Covid-19 pandemic has subsided. The challenge includes climate change leading to various phenomena, such as weather anomalies and natural disasters. “There are challenges at the global level, a climate change which is the same…
Digital Economy: Will Indonesia Soon Have Its Own Silicon Valley?
Indonesia does not want to be left behind in terms of developing its digital economic potential. In early March 2021, the Indonesian government inaugurated the "Indonesian-style Silicon Valley" called Nongsa D-Town. This 5,000 m2 area is located on Batam Island, which is positioned very close to Singapore.The ambition is that…
Bali Looks Forward to Open for Foreign Tourists in July
The government is mulling a plan to vaccinate most of the Bali residents in the next two months and to open the islands for foreign tourists by July to reinvigorate its economy, a senior minister said last week. Today, Indonesia still prohibits foreigners from entering Indonesia, with few exceptions. Only…
