Business News
Indonesia aims for 40 pct of ASEAN's digital economy market share by 2025
The Indonesian government has set a target that the country's digital economic growth may account for around 40 percent of the digital economy market in ASEAN by 2025. Minister of Trade Muhammad Lutfi made the remark during a meeting with the Commission VI of the House of Representatives of Indonesiaon…
Economist asks government to overhaul import regulations
The government must overhaul import regulations amid the spread of digitalization, senior economist from the Institute for Development of Economics and Finance (INDEF) Aviliani has said. "People can now digitally purchase imported goods from the United States and Europe," she noted during the Global and Indonesia's Economic Outlook webinar here…
Expand development of Electric Vehicle Charging Stations: House member
Indonesia should expand development of Public Electric Vehicle Charging Stations (SPKLUs) to encourage innovations in developing electricity-based transportation infrastructure in Indonesia, according to Toriq Hidayat, a member of the House of Representatives' Commission V. "The government must also expand the construction of SPKLUs. In order to accelerate the construction of…
Indonesia's trade balance records surplus of $2.59 billion in July
Indonesia recorded a trade surplus of $2.59 billion in July 2021, with exports valued at $17.70 billion and imports reaching $15.11 billion, Statistics Indonesia (BPS) said. "The surplus trend has been achieved for 15 consecutive months. It indicates the improvement of our economy," BPS head Margo Yuwono said at an…
