Business News
January to September 2020 Indonesian Trade Reaches US $ 13.5 Billion
Indonesia's trade balance during the Covid-19 pandemic continued to show good performance. The export of a number of commodities has skyrocketed, the trade surplus has an increasing trend in the period May to September. The Minister of Trade, Agus Suparmanto, in a press release from the Committee for Handling Covid…
Manufacturing Industry Expected to Return to Expansion in Quarter IV 2020
The government estimates that the performance of the manufacturing industry can return to positive or reach an expansionary level in the fourth quarter of 2020. This is indicated by a number of indicators of increased production and investment. Industrial performance is expected to continue to improve, after the manufacturing industry…
Indonesia to Develop Circular Economy for EVs, Boost Battery Industry
Indonesia intends to adopt a circular model for its up-and-coming electric vehicle (EV) industry - a new industry driven by rising concerns over the climate crisis - and plans to partner with global manufacturing giants to produce EV batteries. Doddy Rahadi, the head of the Industry Ministry's industrial research and…
BKPM Opens Entrance for 11 Thousand Foreign Workers
The Investment Coordinating Board (BKPM) stated that it had made special recommendations for 6,758 companies to invest in Indonesia. With this special recommendation, there are 11 thousand foreign workers (TKA) who have the potential to enter and work in Indonesia. Deputy of Investment Climate Development, BKPM Yuliot, revealed that the…
