Business News

Indonesia Officially Receives G20 Presidency, Jokowi Invites World Leaders to Bali

Indonesia officially continues the G20 presidency relay from Italy and will hold the G20 presidency for the first time in 2022. The handover of the presidency was carried out at the closing session of the G20 Rome Summit which took place in La Nuvola, Rome, Italy, on Sunday, October 31,…

Government Says Car Export Target This Year Rp 113 T

The Indonesian Minister of Trade Muhammad Lutfi targets the value of car exports from Indonesia this year to reach 8 billion US dollars or equivalent to Rp 113 trillion. This is in line with the increase in the domestic automotive industry after being affected by the Covid-19 pandemic in the…

Indonesia Plans to Free Quarantine for Foreign Tourists

The discourse to free foreign tourists (tourists) who are fully vaccinated against Covid-19 from quarantine obligations is being discussed. According to Kompas.com, Monday (1/11/2021), President Joko Widodo attended the 13th Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) Summit. "ASEAN leaders in the sub-regional IMT-GT and BIMP EAGA agreed that one of the things…

Indonesian Manufacturing Index Breaks Record, Minister of Industry: Industry Confidence Rises

The performance of the non-oil and gas manufacturing sector increased. Indonesia's manufacturing Purchasing Managers' Index (PMI) in October was at 57.2, an increase compared to September which was at 52.2. The Minister of Industry Agus Gumiwang said, the soaring PMI of Indonesian manufacturing in the tenth month was the highest…
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