Business News
Head of LIPI: Coordination Between Government Agencies is the Key to Increasing Investment
The speed of coordination between government agencies is the key to increasing investment in Indonesia. Head of the Research Center for Economic Affairs of the Indonesian Institute of Sciences (LIPI), Agus Eko Nugroho said, that investors investing in Indonesia need special appreciation and attention. The reason is, in the midst…
Asia and Europe dominate Tin export destinations
Asian and European markets still dominate the export destination of tin commodities from Indonesia. Secretary of PT Timah Tbk, Muhammad Zulkarnaen said Asia occupied the top position with 68 percent, followed by Europe with 17 percent and America with 14 percent. "Domestic consumption only contributes 2 percent," said Zulkarnaen in…
Rampant Terror Acts: Sandiaga Uno Ensures RI Safe for Tourist Visits
Tourism and Creative Economy Minister Sandiaga Uno on Monday said he had visited a number of tourist sites to ensure security following the recent acts of terror in the country. “In order to reassure the market that Indonesia is still safe. Seeing is believing. I, myself, personally came to these…
Indonesia expands tax breaks for sales of bigger cars
Indonesia has expanded its tax breaks on car sales to include more types of vehicles, the country's finance ministry said, in a bid to accelerate economic recovery and aid its manufacturing industry. "The government sees that stimulus for the middle class has big potential to boost consumption," the ministry said…
