Business News
Sri Mulyani Talks of Economic Challenges Post Pandemic
Finance Minister Sri Mulyani said that all countries are facing social and economic challenges after the Covid-19 pandemic has subsided. The challenge includes climate change leading to various phenomena, such as weather anomalies and natural disasters. “There are challenges at the global level, a climate change which is the same…
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…
