Business News
Jokowi Officially Dissolves 10 Non-Structural Institutions, Here is the List
President Joko Widodo alias Jokowi officially dissolved 10 non-structural state institutions through Presidential Regulation Number 112 of 2020. He signed the regulation on Thursday, November 26, 2020. The regulation states that the reason for the dissolution of these 10 state institutions is to increase the effectiveness and efficiency of the…
Sustainable Regulation Supports Economic Growth during the Pandemic
Indonesia along with Canada, the Philippines, the ASEAN Secretariat, the OECD, and the ADB held a virtual meeting at the International Seminar on Regulatory Improvement in Asia. The seminar aims to share good practices and experiences in building quality, effective and efficient regulations. This international seminar was held in collaboration…
Indonesia to Leave Out 'Sensitive' Rice, Weaponry, Alcohol from RCEP Tariff Lines
Indonesia plans to exclude the “sensitive” commodities of rice, weaponry and alcoholic beverages from its scheduled commitment to eliminating tariffs in the Regional Comprehensive Economic Partnership (RCEP). “These are the sectors that we always consider to be very, very sensitive for Indonesia,” Iman Pambagyo, the Trade Ministry director general for…
Ministry Conducts Early Bidding for 1,900 of Next Year's Construction Projects
The Public Works and Housing Ministry is conducting an early bidding process for thousands of projects for next year, as it strives to ramp up state spending to support economic recovery and boost the construction industry, which has been affected by the health crisis. Public Works and Housing Ministry Construction…
