Business News

Indonesia's New Direction toward a Modern Money Market

Bank Indonesia (BI) launched its 2025 money market development blueprint (BPPU 2025) on Dec. 14 to mark a significant move toward a modern and advanced money market. The launch comes in time with the momentum of economic recovery from the COVID-19 pandemic and the emerging digitalization trend. Consisting of the…

Indonesian Economy 2021: Maintaining Stability toward Recovery

Investor confidence has improved, as can be seen in the renewed inflow of Rp 48.6 trillion (US$3.4 billion) in foreign portfolios to the government securities (SBN) market recorded between April and November. Foreign reserves picked up at the end of October to reach $133.7 billion, higher than the pre-pandemic level.…

Indonesian Government Preparing Bali for International Tourist

For both backpackers and luxury-orientated travelers, it truly doesn’t get much better than Bali. A slice of paradise noted for its stunning landscapes, perfect beaches and impressive temples, Bali is loved the world over and is a must-visit spot in Southeast Asia. Since the start of the pandemic, the island…

Indonesia Exports Tuna to Jellyfish Worth Rp. 129 Billion

The Ministry of Maritime Affairs and Fisheries (KKP) together with the interim KP Minister Syahrul Yasin Limpo released 1,739 tons of fishery exports at New Priok Container Terminal (NPCT 1), North Jakarta, Thursday (10/12/2020). During the January-10 December 2020 period, the volume of fisheries exports reached 388,655 tons, growing 8.74…
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