Business News
President: Investment Becomes Anchor of Economic Recovery
President Joko Widodo emphasized that investment is the anchor of Indonesia's economic recovery as a result of the Covid-19 pandemic. "Investment is the anchor of economic recovery because the state budgets of all countries also have tough conditions," the President said at the 2021 National Coordination Meeting and Investment Service…
2022, KKP Implements Quota-Based Fishing Policy
The Ministry of Maritime Affairs and Fisheries (KKP) said that in 2022 it would implement the implementation of the blue economy, namely quota-based quantified fishing. This was conveyed by the Minister of Maritime Affairs and Fisheries, Sakti Wahyu Trenggono in the second day of Beritasatu Economic Outlook 2022, in Jakarta,…
Indonesia Strengthens Logistics Lines Through the Hub & Spoke Concept
Minister of Transportation Budi Karya Sumadi is working on the concept of a main port (Hub) and a feeder port (Spoke) in order to strengthen international logistics routes. The concept of Hub and Spoke is a network pattern that utilizes collecting ports. The Hub and Spoke concept creates a port…
Economic Boost, Government Aims for 2022 Investment of IDR 1,200 T
Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said the realization of investment in 2022 is targeted at Rp 1,200 trillion. This big target aims to boost national economic growth to be above the 5 percent range. "Rp 1,200 trillion is one of the requirements for how to…
