Business News

Minister of Industry: RI has nine companies supporting the battery industry

Minister of Industry (Menperin) Agus Gumiwang Kartasasmita said that Indonesia has nine companies that support the battery industry that will also support electric vehicles. The nine companies are five companies providing raw materials for batteries consisting of pure nickel, pure cobalt, ferrous nickel, mixed hydroxide deposits, and others; and four…

In Boost to Recovery, EU Approves Investment Plans of Italy, France, Spain

EU finance ministers adopted the investment plans of 12 member states on Tuesday, including those of Italy, Spain and France, paving the way for the first disbursements of EU funds to boost the economic recovery from the COVID-19 pandemic. The European Commission estimates the 800 billion euro ($948 billion) recovery…

Jokowi: RI's Digital Economy will be the Largest in Southeast Asia

President Joko Widodo (Jokowi) said the potential of Indonesia's digital economy is enormous. In fact, according to him, the value of Indonesia's digital economy could become the largest in Southeast Asia by 2030. Jokowi revealed that throughout last year, the value of Indonesia's digital trade transactions reached Rp. 253 trillion.…

Equal investment access for MSME cooperatives, large investors assured

President Joko Widodo (Jokowi) has assured that the Indonesian government will ensure both MSME-based investors and cooperatives as well as large-value investors have equal access to investment opportunities in the country. Not just large investors and foreign investors, investors from MSMEs and cooperatives also create job opportunities for the community…
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