Business News
Vice President: Jam Gadang Inspires to Produce Superior Products in The Global Market
Indonesian Vice President Ma'ruf Amin said Jam Gadang in Bukittinggi, West Sumatra, could be an inspiration for all parties, especially the people of West Sumatra, to produce superior products that are able to compete in the global market. This was conveyed by the Vice President when inaugurating the Proudly Made…
Luhut's Message to Foreign Investors: We Are a Great Country!
Coordinating Minister for Maritime Affairs and Investment (Menko Marves) Luhut Binsar Pandjaitan emphasized that even Indonesia is a good country for foreign investors. Luhut, said that Indonesia is often underestimated and even not considered as having no superiority and greatness by other countries. "Sometimes they (other countries) don't think of…
EU Eco-Design and EPR Rules ‘Will Boost Textile Recycling Investment’
European waste industry association FEAD said the European Commission's strategy for sustainable and circular textiles will help to make sustainable products the norm across the EU. FEAD said it strongly supported the introduction of binding product-specific eco-design requirements to increase textiles performance in terms of durability, reusability, reparability, fibre-to-fibre recyclability…
March 2022 Indonesia’s Trade Balance Surplus Potentially Strengthens
The Institute for Economic and Community Research, Faculty of Economics and Business, University of Indonesia (LPEM FEB UI) estimates that there will be an increase in the trade balance surplus in March 2022. LPEM FEB UI Macroeconomic and Financial Market Economist Teuku Riefky estimates that the trade balance surplus in…
