Business News

Sri Mulyani: Indonesia Should Be the Driver of the World Sharia Economy

Minister of Finance Sri Mulyani Indrawati sees from the huge potential of Indonesia's Islamic financial market, Indonesia should be able to become the main driver of the world's Sharia economy. "With the huge potential of the Islamic financial market, Indonesia should be able to become the main driver of the…

Covid-Free Pass Required to Travel to Bali

Starting tomorrow, travellers to Bali will have to show and carry a "covid free" pass. The local authority notified it yesterday in an attempt to preserve "the island of the gods" from a new spike in coronavirus infections. Checks will be carried out  for all domestic flights, mainly at Ngurah…

Economic Recovery Strategy Focuses on Industrial Sector: Bappenas

Economic recovery strategy is focused on the industrial sector that can leverage employment and have high multiplier effects in the economic transformation framework, National Development Planning Minister/National Development Planning Agency (Bappenas) Head, Suharso Monoarfa, stated. “The COVID-19 pandemic has surely hit the supply chain hard and decreased industrial utilization. Through…

Gov't Proposes $5 per Ton Carbon Tax to Curb Greenhouse Gas Emissions

The government has submitted a proposal to impose a carbon tax starting next year, as part of the country's tax code reform, to reduce carbon emissions and meet its commitment to climate change mitigation, a minister said on Monday. In the 2021 bill about the Revision of General Provisions and…
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