Business News

Alternative rice products see double digit growth in demand amid trade disruption

The disruptions to trade and falling imports caused by the COVID-19 pandemic have led to a double-digit increase in demand for locally produced, high-quality, alternative rice products, farmer cooperatives have reported.Sales of high-quality foreign rice varieties and organic rice products such as Japonica rice, Basmati rice, Jasmine rice, and high-protein…

Indonesia to mix coal-based DME, LPG as cooking gas to reduce imports

The government is looking to mix coal-based dimethyl ether (DME) and liquefied petroleum gas (LPG) as cooking gas in an effort to reduce Indonesia’s dependence on imported LPG.The country has long sought to replace the LPG with DME as a cooking fuel, but new official studies have revealed a key…

BKPM Chief Pledges to Assist Investments Worth Rp 300 Trillion as Pandemic Deals Blow

The Investment Coordinating Board (BKPM) is looking to debottleneck Rp 300 trillion worth of investment commitments in the pipeline as the pandemic slows down investment realization. Despite the COVID-19 crisis, the BKPM vows to continue working hard to assist potential investors, untangling the investment process to attract higher investment realization…

Emergency stay permits to no longer be issued for foreigners as Indonesia enters ‘new normal’

The Immigration Directorate General has updated a number of regulations regarding foreigners who have been granted emergency stay permits by the Indonesian government because of travel restrictions amid the ongoing COVID-19 pandemic.The latest regulations – which were announced by the directorate general on its official Twitter account @ditjen_imigrasi – affects…
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