Business News

Jokowi: 2022 Action Plan Focuses on Economic Recovery, Structural Reforms

President Joko "Jokowi" Widodo opened the 2021 National Development Planning Conference which was held at the State Palace, Central Jakarta, Tuesday, May 4, 2021. In his remarks, he emphasized that the government's action plan in 2022 will still focus on economic recovery and structural reforms. “The government's action plan in…

72 E-Commerce Offer Free Shipping and More on May 5-13

A total of 72 e-commerce platforms will provide various promotions from May 5 to 13, 2021, as the government launched the Proud of Indonesian Products Day or Hari Bangga Buatan Indonesia. One of the promotions is free shipping which was expected to affect the public’s willingness to go on Eid…

Statistics Indonesia: Air Passengers Rise 36.68 Percent in March 2021

Statistics Indonesia (BPS) said Monday domestic air passengers in March 2021 reached 2.6 million, which was a 38.68 percent surge compared to February of 2021. BPS deputy of distribution statistics and services Setianto said the increase also happened in international flights. “Passengers of international flights grew 24.46 percent to 40.7…

Inflation Picks Up to Fastest Pace in Three Months Ahead of Idul Fitri

Indonesia has seen inflation accelerated to its fastest pace in three months in April, as demand for foods and clothes during the Islamic fasting month of Ramadan picked up and drove up the commodities' prices. The consumer price index  a composite measure gauging price level from a broad basket of…
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