Business News
Government Says Car Export Target This Year Rp 113 T
The Indonesian Minister of Trade Muhammad Lutfi targets the value of car exports from Indonesia this year to reach 8 billion US dollars or equivalent to Rp 113 trillion. This is in line with the increase in the domestic automotive industry after being affected by the Covid-19 pandemic in the…
Indonesia Plans to Free Quarantine for Foreign Tourists
The discourse to free foreign tourists (tourists) who are fully vaccinated against Covid-19 from quarantine obligations is being discussed. According to Kompas.com, Monday (1/11/2021), President Joko Widodo attended the 13th Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) Summit. "ASEAN leaders in the sub-regional IMT-GT and BIMP EAGA agreed that one of the things…
Indonesian Manufacturing Index Breaks Record, Minister of Industry: Industry Confidence Rises
The performance of the non-oil and gas manufacturing sector increased. Indonesia's manufacturing Purchasing Managers' Index (PMI) in October was at 57.2, an increase compared to September which was at 52.2. The Minister of Industry Agus Gumiwang said, the soaring PMI of Indonesian manufacturing in the tenth month was the highest…
Investment in the Industrial Sector in Indonesia Reaches IDR 237 Trillion during a Pandemic
In the midst of global economic uncertainty, a number of industrial sectors are still confident to disburse their funds in Indonesia in order to build new factories or expand their business (expansion). This is reflected in the realization of investment in the industrial sector during January-September 2021 which reached Rp236.8…
