Business News
Use of B50 fuels expected to save foreign exchange earnings
Jakarta (ANTARA News) - The use of a 50 percent biodiesel blend (B50) will enable Indonesia to save foreign exchange earnings, Vice Chairman of the National Economic and Industrial Committee (KEIN) Arif Budimanta stated. "This is part of the National Energy General Plan (RUEN) in accordance with the president`s directives.…
BKPM records Rp 721.3t investment in 2018
The Investment Coordinating Board (BKPM) has recorded Rp 721.3 trillion (US$51.1 billion) in foreign and domestic investment throughout 2018, up 4.1 percent from the year before.The investment realization has missed the target set in the National Medium Term Development Plan (RPJMN) at Rp 765 trillion, which in October was adjusted…
Ministry to issue 1,000 certificates to support wood products
The Environment and Forestry Ministry is planning to issue 1,000 wood legality certificates this year to support the revival of the country’s wood industry.Environment and Forestry Minister Siti Nurbaya Bakar stressed that the revival of the wood industry should be supported by an adequate supply of high-quality raw materials and…
Indonesia Development Forum 2019 focuses on jobs creation
Jakarta, (ANTARA News) - The National Development Planning Agency (Bappenas) organized the Indonesia Development Forum (IDF) 2019, with a focus on discussions of creating jobs."This year`s IDF will focus on the strategies to create jobs, increase productivity, and ensure that all Indonesians have access to decent work and other economic…
