Business News
Opportunities for Farmers to Make Profit through Digital Applications
Agriculture is one of the three sectors that grew positively in the second quarter, amid the corona pandemic. The real wages of farm workers have also increased starting in May, after having decreased since the beginning of the year. However, agricultural startups claim farmers' income can increase up to 10…
Flooding Incentives from the Government to Ground Electric Cars
The government seems to have really revived the electric car industry in Indonesia. The Financial Services Authority (OJK) has also prepared an incentive scheme for banks to channel battery electric vehicle (BEV) financing. The focus of the incentives is to boost the upstream electric vehicle industry, including manufacturers of batteries,…
INDONESIA NEEDS 31.000 CHARGING STATIONS TO REACH ELECTRIC VEHICLE GOALS
State-owned electricity giant PLN estimates that Indonesia needs more than 31,000 new electric vehicle (EV) charging stations by 2030 to reach government goals. Private and public players need to invest Rp 54.6 trillion (US$3.7 billion) to install 31,000 commercial charging stations over the course of 10 years, according to PLN's…
G20 FOREIGN MINISTERS DISCUSS EASING TRAVEL RESTRICTIONS
G20 foreign ministers on Thursday sought international cooperation over easing travel restrictions and reopening borders, as months of coronavirus shutdowns exert a drag on the global economy. National shutdowns of varying intensity and duration have taken a toll on livelihoods around the globe as businesses are shuttered, revenues plunge and…
