Business News

Economist asks government to overhaul import regulations

The government must overhaul import regulations amid the spread of digitalization, senior economist from the Institute for Development of Economics and Finance (INDEF) Aviliani has said. "People can now digitally purchase imported goods from the United States and Europe," she noted during the Global and Indonesia's Economic Outlook webinar here…

Expand development of Electric Vehicle Charging Stations: House member

Indonesia should expand development of Public Electric Vehicle Charging Stations (SPKLUs) to encourage innovations in developing electricity-based transportation infrastructure in Indonesia, according to Toriq Hidayat, a member of the House of Representatives' Commission V. "The government must also expand the construction of SPKLUs. In order to accelerate the construction of…

Indonesia's trade balance records surplus of $2.59 billion in July

Indonesia recorded a trade surplus of $2.59 billion in July 2021, with exports valued at $17.70 billion and imports reaching $15.11 billion, Statistics Indonesia (BPS)  said. "The surplus trend has been achieved for 15 consecutive months. It indicates the improvement of our economy," BPS head Margo Yuwono said at an…

Airlangga Hartarto: Economic Growth Can Be Maintained in Q3

Indonesia is expecting to maintain the economic growth in Q3 this year as in the second quarter, the economy grew by 7.07 percent. According to Coordinating Minister for Economic Affairs Airlangga Hartarto, Covid-19 management control and social protection are the two main roles to help maintain the growth in Q3.…
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