Business News
Bali to Welcome Tourists Soon as Covid-19 Vaccination Rate Hits 70%
Tourism and Creative Economy Minister Sandiaga Uno said that his office had made various preparations together with tourism and creative economy players ahead of the reopening of tourism in Bali this July. The province is ready to welcome tourists as the Covid-19 vaccination rate has reached 70 percent. The ministry…
Indonesia’s political will is the key to a successful carbon tax implementation
A carbon tax should be overviewed as an oasis of post-pandemic recovery. The proper carbon tax scheme will solve two of Indonesia’s extensive homework; reducing greenhouse gas (GHG) emissions and boosting revenue to support economic recovery. In the end, Indonesia’s political will is crucial in completing this mission.Recently, the carbon…
Expert Advises Lockdown, Argues Economic Rescue Scenario Possible
The increasing number of coronavirus cases caused by the new delta strain motivated a plethora of public figures to call for a lockdown. An economist from Institute of Development on Economics and Finance (Indef), Bhima Yudhistira, suggested the President make the call as he argued it would reduce the risk…
Digital Payments to Aid Indonesia’s Economic Recovery
In the last ten years, technological disruption in the financial sector has given birth to new types of digital payments, which has subsequently encouraged the adoption of digital transactions. In Indonesia, digital payment is becoming increasingly popular.About three decades ago, banks began to adopt digital channels such as phone, SMS,…
