Business News
Digital Economy: Will Indonesia Soon Have Its Own Silicon Valley?
Indonesia does not want to be left behind in terms of developing its digital economic potential. In early March 2021, the Indonesian government inaugurated the "Indonesian-style Silicon Valley" called Nongsa D-Town. This 5,000 m2 area is located on Batam Island, which is positioned very close to Singapore.The ambition is that…
Bali Looks Forward to Open for Foreign Tourists in July
The government is mulling a plan to vaccinate most of the Bali residents in the next two months and to open the islands for foreign tourists by July to reinvigorate its economy, a senior minister said last week. Today, Indonesia still prohibits foreigners from entering Indonesia, with few exceptions. Only…
Indonesia confident of speeding up economic recovery
Indonesian authorities on Thursday said they are optimistic that the program to accelerate national economic recovery will soon start delivering results. Officials of the central bank, Financial Service Authority (OJK), and Finance Ministry held an online meeting to discuss the economic revitalization plan. One of the policies that are starting…
Indonesia has the potential to export rice
The Agriculture Ministry stated that the country has the potential to export rice during the grand harvest time on account of high demand abroad. Head of Public Relations and Public Information Bureau of the ministry Kuntoro Boga Andri in a written statement received here on Sunday said that Indonesian rice,…
