Business News

Indonesia announces plans for central bank digital currency

The Bank of Indonesia has announced plans to issue a central bank digital currency (CBDC), becoming the latest global central bank to indicate a move towards a state-backed digital currency.The bank’s governor, Perry Warjiyo, recently announced the plans to launch a digital rupiah, amid surging uptake of digital payment solutions…

Indonesian Ministry Allows the Opening of Bali Tourism Villages

The Minister of Villages, Development of Disadvantaged Regions, and Transmigration, Abdul Halim Iskandar, issued permission for the opening of Bali tourism villages as a support of a program called 'Work From Bali' to revive the economic sector on the Indonesian resort island. The minister said that Bali Island is the…

PLN sets up electric vehicle charging points in Bangka Belitung

State-owned electricity company PT Perusahaan Listrik Negara (PLN) has installed 82 electric vehicle charging stations in Bangka Belitung province to support the green vehicle ecosystem. PLN is offering customers the chance to use electric charging points under the ‘Electrifying Lifestyle’ program, PLN general manager for Bangka Belitung province, Amris Adnan,…

Italian Shopping Malls Reopen on Weekends as COVID-19 Measures Are Further Eased

Italy is on track to lift most of the measures it had enforced in recent months to curb the spread of the COVID-19 pandemic, and retail sales are expected to benefit from it.Shopping malls were finally allowed to stay open this past weekend after almost 160 days of forced weekend…
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