Business News

The Vice Minister of Trade Said that EU-CEPA will Increase Fruit Exports to Europe

The Deputy Minister of Trade, Jerry Sambuaga, believes that the EU-CEPA can be a way to increase fruit exports to Europe. Europe itself is one of the major markets for tropical fruit such as pineapples, bananas and mangosteen. With the tariff cutting facility initiated through the EU-CEPA, it is hoped…

Indonesia to Promote Investments in Special WEF Virtual Forum

Indonesia is collaborating with the World Economic Forum (WEF) to host a virtual forum on Wednesday that focuses on economic recovery in the country and the government’s efforts to curb the COVID-19 pandemic, while also promoting investment in key sectors like healthcare. Government representatives are to meet global business players…

Indonesia is the Largest Digital Economy Market in Southeast Asia

The e-Conomy SEA report compiled by Google, Temasek, and Bain & Company states that Indonesia is the largest digital economy market or internet economy in Southeast Asia, with 37 percent of digital consumers using new services due to the Covid-19 pandemic. Partner and Leader of Southeast Asia Private Equity Practice…

Tourism Vouchers Rolled Out in Indonesia to Encourage Local Spending

Eager to revive Indonesia’s ailing tourism industry, the Ministry of Tourism and Creative Economy has rolled out an incentive programme dubbed Big Promo to draw domestic travellers to tourist destinations in 12 locations across Indonesia, such as Belitung Island, Yogyakarta, Bali, Lombok, and Manado. Under the programme, the government has…
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