Business News
Jokowi Asks Immigration to Facilitate Visas for Foreign Investors for Investment
The Indonesian immigration service was asked by President Joko Widodo to immediately abandon the old style because according to him it was still convoluted and led to complaints from service users. The Directorate General of Immigration is also required to make changes in immigration services so that investment flows are…
Automotive Industry Prints a Trade Balance Surplus USD 661.2 Million
The national automotive industry managed to print a trade balance surplus of USD 661.2 million during the January-July 2022 period. This was related to the export value which jumped by 18% compared to last year. Based on data from the Central Statistics Agency (BPS) related to exports of HS 87…
Indonesia Readying Legal Foundation for Blue Economy Implementation
The Indonesian Government is preparing a legal foundation for implementing the blue economy strategy, which pays attention to ecology and maritime ecosystems to realize healthy, safe, resilient, and productive oceans."The legal foundation is being prepared, hopefully, it can be completed soon," Maritime Affairs and Fisheries Minister Sakti Wahyu Trenggono said…
Luhut Reveals Tourism Investment Realization Reached IDR 5.31 T
Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan claimed that the realization of investment in the tourism and creative economy sectors reached IDR 5,31 trillion from 2020 to the first quarter of 2022. Luhut said the government continues to develop five Super Priority Tourism Destinations (DPSP), namely Lake…
