Business News

Global trade volume to rise 8% this year after slump in 2020: WTO

The volume of world merchandise trade is projected to rise 8 percent in 2021 from last year following a decline of 5.3 percent in 2020 amid the coronavirus pandemic, the World Trade Organization said Wednesday. The Geneva-based international body also forecast the growth of global trade volume to slow to…

Discussing Expansion of Travel Corridor Arrangement, Minister of Tourism Holds a Coordination Meeting

Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno, organizes a ministerial coordination meeting regarding the expansion of the travel corridor arrangement for the tourism and creative economy sector, which allows return tourist visits of foreign tourists. The return of tourists is expected to be in line with the economic…

Ban on Eid Homecoming; Sandiaga Uno Allows Staycation

Tourism and Creative Economy Minister Sandiaga Uno said that his ministry is drafting programs to support business players affected by the government’s ban on 2021 Eid homecoming, including staycations in hotels or villas in their respective region.“This is an opportunity for us to create products such as staycations for people…

Waskita Beton Receives New Contract of IDR 1.86 Trillion Throughout 2020

In 2020, PT Waskita Beton Precast Tbk (Waskita Beton Precast) successfully booked the company's new contract value of IDR 1.86 trillion. The acquisition of this new contract was dominated by external projects amounting to Rp. 998.79 billion (54 percent) through the Binjai Pangkalan-Brandan Toll Road Project, Banda Aceh-Sigli, NCICD and…
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