Business News

RI Sells Instant Noodles to Spices through a Trade Reward Scheme

Indonesia sells instant noodle products and spices to Mexico through a counter-trade scheme. The total value of the products in the counter-trade agreement reached 150 thousand US dollars or equivalent to Rp. 2.12 billion (exchange rate of Rp. 14,169). The trade offsets from the Indonesian side are carried out by…

RI's Exports Soar High, Can It Still Be Gased Again?

The government said the economic recovery this year is expected to continue. Especially with the controlled cases due to the delta variant that occurred in the middle of this year. Minister of Finance Sri Mulyani Indrawati in the presentation of the KiTa State Budget said that the export performance of…

Indonesia Providing Relaxations to Support Electric Vehicle Investment

Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has assured that the government is providing several relaxations to support battery and electric vehicle (EV) investment in Indonesia. Minister Pandjaitan said that the facility includes preparing a roadmap for the development of EV, calculating the local content requirements (TKDN)…

Jokowi Will Visit Italy, Scotland, and Dubai, Here's the Agenda

President Joko Widodo alias Jokowi is scheduled to attend several high-level activities abroad. Jokowi will visit Italy and England. Foreign Minister Retno Marsudi said President Jokowi will start the international agenda of the 38th and 39th ASEAN Summits (KTT) which will be held on October 26-28 2021. "This is the…
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