Business News

Rampant Terror Acts: Sandiaga Uno Ensures RI Safe for Tourist Visits

Tourism and Creative Economy Minister Sandiaga Uno on Monday said he had visited a number of tourist sites to ensure security following the recent acts of terror in the country. “In order to reassure the market that Indonesia is still safe. Seeing is believing. I, myself, personally came to these…

Indonesia expands tax breaks for sales of bigger cars

Indonesia has expanded its tax breaks on car sales to include more types of vehicles, the country's finance ministry said, in a bid to accelerate economic recovery and aid its manufacturing industry. "The government sees that stimulus for the middle class has big potential to boost consumption," the ministry said…

The Ministry of Industry: 63 Startups will Show at the Hannover Messe 2021

The Ministry of Industry stated that 63 Indonesian startups will participate in this year's Hannover Messe. They will be part of hundreds of Indonesian companies participating in the event. "At the Hannover Messe, the Ministry of Industry presented 65 startups from 156 Indonesian companies," said the Director General of Resilience,…

Indonesian govt accords priority to MSME recovery for bolstering economic growth

The Indonesian government has focused on the recovery of micro-, small- and medium-scale enterprises (MSME) that significantly contributed to driving national economic growth, Coordinating Economic Affairs Minister Airlangga Hartarto has stated.MSMEs have contributed 61.1 percent to the national economic growth and absorbed 97 percent of the total workforce, or some…
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