Business News

OJK: Investor Confidence in Indonesian Economy Strengthens

The Financial Services Authority (OJK) said that Indonesia's economic recovery is getting better and the handling of the spread of the Covid-19 pandemic has increased investor confidence in Indonesia's economic conditions going forward. Chairman of the OJK Board of Commissioners Wimboh Santoso said the Indonesian economy grew positively by 7.07…

G20 Leaders Agree Minimum Tax Rate for Giant Companies of 15 Percent

The Summit of the countries with the largest economies in the world (G20 Summit) agreed on a minimum tax rate on the profits of global giant companies of 15 percent. The policy was agreed in line with the concerns of many tax regulators in countries around the world about the…

Indonesia-EFTA CEPA, Ministry of Trade Issues Declaration of Origin

The Ministry of Trade issues Regulation of the Minister of Trade Number 58 of 2021 concerning Provisions on Origin of Indonesian Goods and Provisions for Issuing a Declaration of Origin (DAB) for Goods Originating from Indonesia in Indonesia – the EFTA Comprehensive Economic Partnership Agreement (CEPA) or the Comprehensive Economic…

Italian Prime Minister Appreciates President Jokowi's Program on Empowering MSMEs

Coordinating Minister for Economic Affairs Airlangga Hartarto said Italian Prime Minister Mario Draghi appreciated Indonesian President Joko Widodo's programs regarding MSME empowerment, increasing the role of women in business, and economic inclusiveness. "The Italian PM appreciates the programs presented by the President," Airlangga said in an online press statement regarding…
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