Business News

IOG 2021 Closing: Upstream Oil and Gas Industry Remains the Main Pillar of Energy

The largest upstream oil and gas (oil and gas) industry convention in Indonesia, The 2nd International Convention on Indonesian Upstream Oil and Gas 2021, closed with a mutual understanding that the upstream oil and gas industry will continue to be the main pillar of energy amid global awareness of the…

The Government Will Create a Special HS Code for Halal Products

The government is trying to include the classification of halal products into the harmonized system or HS Code in international trade. The existence of this classification will facilitate identification in the trade balance. This was conveyed by the Minister of Finance, Sri Mulyani Indrawati in the plenary meeting of the…

Government Will Focus on Downstream Targeting Pursuing 2022 Investment Target

The government through the Ministry of Investment/Investment Coordinating Agency (BKPM) said it would focus on targeting downstream as a priority investment sector to pursue the investment target in 2022 of IDR 1,200 trillion. Investment Minister/Head of BKPM Bahlil Lahadalia in an online press conference in Jakarta, Wednesday, said that the…

G20 Presidency Officially Begins, Indonesia Pushes for World Economic Recovery

The Presidency of the G20 Indonesia Summit was officially opened on Wednesday night at Banteng Square, Central Jakarta by President Joko Widodo. In his opening video, Jokowi said that the G20 Presidency is a great opportunity for Indonesia to contribute more to the world's economic recovery. "Indonesia's G20 presidency is…
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