Business News

Manufacturing Industry Expected to Return to Expansion in Quarter IV 2020

The government estimates that the performance of the manufacturing industry can return to positive or reach an expansionary level in the fourth quarter of 2020. This is indicated by a number of indicators of increased production and investment. Industrial performance is expected to continue to improve, after the manufacturing industry…

Indonesia to Develop Circular Economy for EVs, Boost Battery Industry

Indonesia intends to adopt a circular model for its up-and-coming electric vehicle (EV) industry - a new industry driven by rising concerns over the climate crisis - and plans to partner with global manufacturing giants to produce EV batteries. Doddy Rahadi, the head of the Industry Ministry's industrial research and…

BKPM Opens Entrance for 11 Thousand Foreign Workers

The Investment Coordinating Board (BKPM) stated that it had made special recommendations for 6,758 companies to invest in Indonesia. With this special recommendation, there are 11 thousand foreign workers (TKA) who have the potential to enter and work in Indonesia. Deputy of Investment Climate Development, BKPM Yuliot, revealed that the…

Until September 2020, Investment in the Industrial Sector has Increased by 37 Percent

Minister of Industry (Menperin) Agus Gumiwang said, during the Covid-19 pandemic or in the January to September 2020 period, investment entering the industrial sector reached Rp 201.9 trillion. This figure is up 37 percent compared to the same period in 2019. "So, we can see that during this pandemic, investment…
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