Business News

Lebaran 2021 Homecoming Will Accelerate Economic Recovery

The government's decision not to prohibit Lebaran homecoming this year is considered to be able to help economic growth. However, the government must be able to take responsibility that this decision will not increase the positive cases of Covid-19 considering that daily cases are currently experiencing a decline. This was…

Rice Imports Back in Spotlight as Govt Plans to Buy up to 1.5M Tons

Farmers' associations have raised their objections to the government’s plan to import between 1 million and 1.5 million tons of rice this year, as the country moves closer to peak harvest season and farmers face falling prices. Indonesian Farmer Union (SPI) chairman Henry Saragih said the average price of dry…

One Indonesian Industry has Boomed During the Pandemic: Seaweed Farming

When COVID-19 hit Indonesia, it devastated industries such as fisheries. However, one sector has gone against the trend: seaweed farming. Our research shows seaweed farming in Indonesia is booming during the pandemic. There is a range of possible reasons for this change, including environmental conditions, farming practices and the impacts…

Bali Plays Host to Live Event for ITB Berlin NOW 2021

Indonesian sellers who took part in the recently-concluded virtual ITB Berlin NOW 2021 convened in a live meeting held in Bali, which was hosted by the Indonesia Ministry of Tourism and Creative Economy (MOTCE). The event, which took place from March 9-12, saw the ballroom at The Anvaya Beach Resort…
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