Business News

Traceable: Stakeholders Work to Promote Digital Sharia Economy

Islamic fintech and finance institutions seek to improve Indonesians’ awareness of digital sharia economy and services given untapped potential in the industry. A recent survey by the Indonesia Waqf Board (BWI) showed that Indonesians only scored 50.4 on waqf (religious endowment) literacy, with the board’s vice chairman, Imam Saptono, saying…

Indonesia Expects to Ratify Trade Deal with EFTA Soon to Attract New Investment

The Indonesian government is expecting to finish the ratification of the comprehensive economic partnership agreement with Iceland, Lichtenstein, Norway and Switzerland early next year in a bid to attract investment from those countries amid the COVID-19 crisis. After seven years of negotiations, the agreement between Indonesia and the European Free…

Jokowi Prepares Seed Center in Bogor to Support Green Economy

President Joko Widodo visited the Rumpin Seed Source and Nursery on Friday, November 27, 2020. During the visit, the President advised that the facility develop plants that support a green economy. Meanwhile, the President is preparing the nurseries for green economy supporting plants to produce in 2021. From these nurseries,…

Foreign Investor Confidence Increases in Indonesian Economy

Director of PT. Anugerah Mega Investama Hans Kwee said foreign investors' confidence in Indonesia's economic prospects began to increase. The development of the covid 19 vaccine and the election of Joe Biden as President of the United States are thought to be factors driving the increase in foreign investor confidence.…
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