Business News
Customs and Excise Collaborates with Local Governments to Encourage Increased Exports of MSME Products
Customs service offices in several regions cooperate with local governments to encourage increased exports. Head of the Sub-Directorate of Public Relations and Counseling Hatta Wardhana stated that his cooperation with the regional government focused on developing the capacity of small and medium industries (IKM), cooperatives, and export-oriented micro, small and…
The Government's Strategy to Bring Indonesia to a Developed Country
Minister of Finance Sri Mulyani Indrawati said that the structure of the Indonesian economy and the level of national productivity needed to be strengthened. The way to do this is by structural transformation in the economy. so that Indonesia can get out of the middle-income trap. "By improving the quality…
Stability Outlook Indonesia Increases National Investment
Rating agency Standard and Poor's (S&P) has raised Indonesia's outlook to stable. This rating agency also maintains Indonesia's debt rating at the BBB (investment grade) level. The rating improvement is expected to increase national investment. Bank Danamon Macroeconomic Analyst Irman Faiz said, S&P raised Indonesia's outlook due to Indonesia's improving…
Deputy Minister of Foreign Affairs: Export Growth Maintains Economic Recovery Momentum
Deputy Minister of Foreign Affairs Mahendra Siregar said that maintained export growth and public consumption made Indonesia successful in maintaining the momentum of economic recovery from the impact of COVID-19. "So the combination of exports that we are trying to maintain and the strength of the domestic market will be…
