Business News
Indonesia’s political will is the key to a successful carbon tax implementation
A carbon tax should be overviewed as an oasis of post-pandemic recovery. The proper carbon tax scheme will solve two of Indonesia’s extensive homework; reducing greenhouse gas (GHG) emissions and boosting revenue to support economic recovery. In the end, Indonesia’s political will is crucial in completing this mission.Recently, the carbon…
Expert Advises Lockdown, Argues Economic Rescue Scenario Possible
The increasing number of coronavirus cases caused by the new delta strain motivated a plethora of public figures to call for a lockdown. An economist from Institute of Development on Economics and Finance (Indef), Bhima Yudhistira, suggested the President make the call as he argued it would reduce the risk…
Digital Payments to Aid Indonesia’s Economic Recovery
In the last ten years, technological disruption in the financial sector has given birth to new types of digital payments, which has subsequently encouraged the adoption of digital transactions. In Indonesia, digital payment is becoming increasingly popular.About three decades ago, banks began to adopt digital channels such as phone, SMS,…
Indonesia plans to launch its own gold bank by 2024
Indonesia, one of the world's largest gold mines, plans to set up a gold bank to encourage domestic trade in precious metals. Trade Minister Mohammad Ludfi said the government was in talks with various parties, including the central bank and the mining industry, to launch the bank by 2024. “Our…
