Business News
Indonesia Improves in World Competitiveness Ranking
Indonesia has jumped three places in a global competitiveness ranking in 2021 thanks to its economic resilience amid the Covid-19 pandemic, the improvement in government efficiency, and rising confidence among its businessmen, Switzerland-based International Institute for Management and Development, or IMD, announced on Thursday. The largest economy in Southeast Asia…
Saving the Planet with Zero-Carbon-Ready Buildings
Zero-carbon-ready buildings can pave the path to net zero emission by 2050 and save the planet from climate crisis, according to a recent conference on energy efficiency.The International Energy Agency (IEA) revealed building operational carbon emission currently accounts for 28 percent of the global energy-related emissions. If we take into…
Indonesia wants only electric vehicles by 2050
Moving forward with plans to reduce carbon emissions, Indonesia will only allow electric motorcycles to be sold from 2040, while all new cars in Malaysia’s ASEAN neighbour will be electric from 2050. This was said by Indonesia’s Energy Minister Arifin Tasrif in a Reuters report. This follows plans for the…
Bappenas forecasts 5.78-6.53% GDP growth for eastern Indonesia
The eastern part of Indonesia will see GDP (gross domestic product) growth of 5.78-6.53 percent in 2022, the National Development Planning (PPN) Ministry/National Development Planning Agency (Bappenas) has forecast. "The regional development policy in the RPJMN (medium-term national development plan) 2022-2024 is aimed at reducing disparities among regions. In 2022,…
