Business News
President Jokowi to Launch Largest Sharia Bank in Indonesia
President Joko “Jokowi” Widodo on Monday's virtual press conference from the State Palace said he aimed at officially operating Bank Syariah Indonesia in February 2021 to leverage the nation's sharia economy and finance. The President said there were still much space to optimize the sharia economy and finance in Indonesia.…
The Export Value of Ornamental Fish in Bandung in 2020 has Reached Rp. 93.3 Billion
The Covid-19 pandemic has not affected the ornamental fish business in Bandung, West Java. The trend of ornamental fish export crossing has increased during 2020 with a value of Rp. 93.3 billion. Head of the Fish Quarantine, Quality Control and Safety of Fishery Products (BKIPM) Bandung, Dedi Arief, said that…
KKP Minister: Indonesia is Optimistic to be the World's Largest Lobster Export Country
Minister of Marine Affairs and Fisheries (KKP) Sakti Wahyu Trenggono, stated that Indonesia is the largest exporter of cultivated lobster in the world. His party has also made a presentation and directly harvested the lobster cultivated by PT. Lautan Berkah Perkasa which is a member of GPLI with the Minister…
New Retail Bond Issue Aims to Raise $712M for Economic Recovery, COVID-19 Vaccines
The government is looking to raise Rp 10 trillion (US$711.6 million) from a new series of domestic retail bonds to fund the country’s fiscal deficit and COVID-19 vaccination program, the Finance Ministry announced on Monday. “The proceeds will be used to fund the pandemic handling and economic recovery [efforts] including…
