Business News

Indonesia Elected as FAO Council Member for 2021-2024

Indonesia was recently elected as a member of the Food and Agriculture Organization Council for the 2021-2024 term. Indonesia will represent the Asia regional group alongside Bangladesh, Philippines, Japan, China, and South Korea. According to Agriculture Minister Syahrul Yasin Limpo, the appointment illustrates FAO’s acknowledgement of Indonesia’s agricultural sector.“The FAO…

Ministry: Investors in Indonesian films have become more varied

The Ministry of Tourism and Creative Economy has assessed that investors in films produced by the Indonesian filmmakers have become increasingly more varied and can encourage the growth and recovery of Indonesian films in a better direction. “Currently, many investors are starting to pool funds, which can reflect the growing…

Indonesia central bank sends field supervisors to enforce digital currency payments ban

The central bank of Indonesia has ordered supervisors to monitor banks in the country, in a bid to make sure the national ban on digital currency payments is being upheld in practice.The central bank governor, Perry Warjiyo, said during a virtual seminar that local institutions and payment providers are still…

West Java Aims to Become ASEAN Investment Hub

West Java Governor Ridwan Kamil on Thursday said he is preparing his province to become ASEAN's investmenthub in the future. He linked this to the massive investment relocation from China due to the Covid-19 pandemic. “We are preparing to become an investment hub in ASEAN because of the investment relocation…
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