Business News
Indonesia Expects to Ratify Trade Deal with EFTA Soon to Attract New Investment
The Indonesian government is expecting to finish the ratification of the comprehensive economic partnership agreement with Iceland, Lichtenstein, Norway and Switzerland early next year in a bid to attract investment from those countries amid the COVID-19 crisis. After seven years of negotiations, the agreement between Indonesia and the European Free…
Jokowi Prepares Seed Center in Bogor to Support Green Economy
President Joko Widodo visited the Rumpin Seed Source and Nursery on Friday, November 27, 2020. During the visit, the President advised that the facility develop plants that support a green economy. Meanwhile, the President is preparing the nurseries for green economy supporting plants to produce in 2021. From these nurseries,…
Foreign Investor Confidence Increases in Indonesian Economy
Director of PT. Anugerah Mega Investama Hans Kwee said foreign investors' confidence in Indonesia's economic prospects began to increase. The development of the covid 19 vaccine and the election of Joe Biden as President of the United States are thought to be factors driving the increase in foreign investor confidence.…
Jokowi Officially Dissolves 10 Non-Structural Institutions, Here is the List
President Joko Widodo alias Jokowi officially dissolved 10 non-structural state institutions through Presidential Regulation Number 112 of 2020. He signed the regulation on Thursday, November 26, 2020. The regulation states that the reason for the dissolution of these 10 state institutions is to increase the effectiveness and efficiency of the…
