Business News
Mother of Spices: Indonesia Eyes to Boost Spice Export to the EU
Jakarta. Indonesia is eyeing to ramp up their spice exports —particularly to the European Union, or EU— with a new multi-stakeholder platform dedicated to helping farmers export high-quality and sustainable spices.According to the Coordinating Ministry for Economic Affairs, the global demand for spices is rising amid the Covid-19 pandemic as…
Keeping the Sumatran coffee business fragrant amid COVID-19 pandemic
Jakarta (ANTARA) - "There is coffee, there is a story, there is no coffee, there is no need to tell a lot. Come on, let us have a coffee, we will tell a story,” according to an Acehnese writer. These words were stated by Fikar W. Eda, also a well-known…
Indonesia to make more regional development banks, pension funds Shariah-compliant as it eyes bigger Islamic economy
Indonesia is in a hurry to increase Islamic financial assets and, under orders from vice president Ma’ruf Amin, the National Committee for Islamic Economy and Finance (KNEKS) will take a progressive approach.Islamic commercial banking assets stood at 593,948 billion rupiah at the end of 2020, making up 6.47% of the…
Bappenas Projects 6 Percent Economic Growth in 2022
The National Development Planning Agency (Bappenas) in a virtual meeting on Thursday has officially projected Indonesia’s 2022 economic growth to be between 5.4 to 6 percent. The government’s work plan is focused on the national post-pandemic economic recovery. “The IMF along with a number of international institutions have predicted that…
