Business News
Indonesian Government is Optimistic Economic Growth in the First Quarter of 2022 Will Reaches 5%
The government estimates that economic growth in the first quarter of 2022 will be in the range of 5% because a number of sectors recorded positive performance or recovered from the impact of the Covid-19 pandemic. Head of the Fiscal Policy Agency (BKF) of the Ministry of Finance, Febrio Nathan…
BI Jember Supports Ketakasi to Expand Sidomulyo Coffee Export Market
Support for digitizing Micro, Small and Medium Enterprises Development (MSME) transactions and export-oriented matching businesses encourages market expansion and supports the momentum of economic recovery, which will continue to grow better than the previous year. Therefore, Bank Indonesia encourages MSMEs to be competitive in order to accelerate inclusive economic growth…
Ministry of Trade Raises Granulated Sugar HET to Rp13,500, Imports are Smooth again
PT Sinergi Gula Nusantara or SugarCo, the sugar factory holding owned by state-owned PT Perkebunan Nusantara (PTPN) reported that consumption sugar import activity in March 2022 gradually improved after the trade authority relaxed the reference price regulation at the consumer level to Rp13,500 per liter. SugarCo CEO Aris Toharisman said…
Batam Achieves Significant Economic Improvement Throughout 2021
In the midst of panic and sluggishness due to the covid-19 pandemic, there is good news from Batam, especially that this area is showing a sharp increase in the economy. The efforts of the Batam Concession Agency (BP Batam) to encourage increased investment have succeeded in boosting the economy of…
