Business News

Asean Leads by Example in Sustainable Vegetable Oil: Indonesia

Indonesia once again spoke up against the singling out of palm oil, with the second round discussion on the vegetable oil —between European Union, or EU, and Asean— coming up this April.The issue of sustainable palm oil has been a hot topic between Asean and the EU. Both blocs agreed…

Vaccines seen helping Singapore and Indonesia rebound: survey

Asian economists have revised upward their growth forecasts for the economies of Singapore and Indonesia, thanks to quicker rollouts of coronavirus vaccines, a recent survey shows.The Japan Center for Economic Research and Nikkei conducted a quarterly survey from Mar. 5 to 26, collecting a total of 40 answers from economists…

APR partners with domestic brands to build Everything Indonesia spirit

Indonesian sustainable rayon fibre producer Asia Pacific Rayon (APR) and three domestic brands recently collaborated at a fashion show with the theme ‘Sustainably Modest’ at the Muslim Fashion Festival (Muffest) 2021 in Jakarta. The purpose was to stimulate the creative economy industry, particularly the modest fashion sector, amidst the pandemic.…

G20 leaders to discuss on policies to prevent virus-battered economies

The world’s financial leaders will discuss on Wednesday how to coordinate policies to prevent their virus-battered economies emerging from recession at highly different speeds, officials said ahead of the virtual meeting. When finance ministers and central bank governors of the world’s top 20 economies hold their video-conference the patchy response…
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