Business News

Indonesian Four-Wheel Vehicle Sales Recover to Pre-Pandemic Levels

Fitch Ratings-Jakarta-25 July 2022: Indonesia's four-wheel (4W) vehicle sales are likely to surpass 900,000 units in 2022, despite the semiconductor shortage and rising inflationary pressure driven by higher fuel prices, due to strong demand and continued government fuel subsidies that alleviate the cost of car ownership, says Fitch Ratings. Automakers'…

Indonesia Promotes Digital Technology for Economic Recovery

All G20 member nations, in particular the delegates of the Digital Economy Working Group (DEWG), have a common goal of employing digital technology to promote the global economic recovery from the Covid-19 pandemic. “Let’s together strengthen synergies and push for an inclusive, empowering and sustainable world recovery that can be…

Promote Green Infrastructure as New Business Model in Future: govt

Jakarta (ANTARA) - National Development Planning (PPN) Ministry/National Development Planning Agency (Bappenas) Economic Deputy Amalia Adininggar Widyasanti emphasized the need to promote green infrastructure, a new business model that will emerge in future.Green infrastructure can also be a solution as a sustainable approach for the next infrastructure development agenda, she…

Indonesia Explores Export of Livestock and Agricultural Animal Vitamins to Nigeria

The government is exploring the possibility of exporting agricultural supplements, such as plant vitamins and livestock vitamins, to Nigeria. Head of the Lagos Indonesian Trade Promotion Center (ITPC), Hendro Jonathan, said that the Nigerian government is interested in small and medium scale cassava, rice and peanut processing machines for small…
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