Business News
'Going Digital' Means Win-Win for SMEs, E-Commerce Platforms
Wijy Wijaya faced a huge hurdle in the third year of running her store in Tebet, Jakarta. Bakwan Juwarak, which sells Pontianak-style vegetable fritters, suffered a 22 percent decline in sales when COVID-19 broke out in the city in early 2020. In an effort to salvage her business, Wijy implemented…
CHSE Certification, the Tourism Sector's Efforts to Rise Up in a Pandemic Period
The Ministry of Tourism and Creative Economy has prepared a stimulus fund of IDR 3 trillion so that the tourism sector in the country can bounce back during the pandemic. In addition to preparing stimulus funds, the Ministry of Tourism and Creative Economy also asked business actors in the tourism…
The Ministry of Trade Aims for 6.3% Non-Oil and Gas Export Growth This Year
The Indonesian economy is estimated to start recovering this year. In line with this, the Ministry of Trade is targeting the non-oil and gas export performance in 2021 to grow 6.3% compared to the realization in 2020 of US $ 155 billion. This means that this year's non-oil and gas…
Indonesia’s $3.7B Food Delivery Market Largest in Region
Indonesia had the largest food delivery service market in Southeast Asia in 2020 in terms of gross merchandise value (GMV), according to a report by venture capital firm Momentum Works. The GMV of the country’s food delivery services was US$3.7 billion, accounting for about 31 percent of the total food…
