Finance Ministry Waives Taxes, Inspections for Coronavirus Vaccine Imports
The tax exemption is part of the government's effort to support its mass vaccination program next year.
#COMMODITY
Finance Ministry Waives Taxes, Inspections for Coronavirus Vaccine Imports
The tax exemption is part of the government's effort to support its mass vaccination program next year.
#COMMODITY
Jokowi Gives Blessing to Put Garuda Indonesia Under Tourism Holding
President Joko "Jokowi" Widodo has approved a plan to put state-owned airlines, airport, and hotel operators under a new holding entity.
NOVEMBER 28 #CORPORATE NEWS
Cargill Announces $100m Fresh Investment in East Java Sweetener Factory
Cargill will build a corn wet mill factory and a starch dryer in Pandaan, East Java to meet growing customer demand for sweeteners.
NOVEMBER 27 #CORPORATE NEWS
We Never Intend to Establish New Palm Oil Plantations: Gapki
They only hope the omnibus law could unlock two million hectares of plantation currently under dispute with the forest authorities.
NOVEMBER 27 #COMMODITY
Gapki Expects Tight Supply to Support Palm Oil Price Into 2021
The price of CPO reached around $850 per ton and even surpassed $870 per ton, making it the highest in three years.
NOVEMBER 27 #COMMODITY
Fund Managers Bet on Indonesia's Cyclical Stocks, See Long Rally Ahead
Capital inflow will increase in search of gains in cyclical stocks like properties, consumer, automotive, infrastructure, and banking.
NOVEMBER 26 #ECONOMY
Businesses Count on Vaccine to Spur Middle Class Spending Next Year
The Covid-19 mass vaccination to return the confidence of 162 million Indonesian middle- and upper-income classes to start spending again.
NOVEMBER 25 #ECONOMY
Students Join Climate Crisis Protest in Jakarta
Environmental activists, students and children joined the "Asia Climate Rally" againts climate crisis in in front of the Jakarta City Hall
Students Join Climate Crisis Protest in Jakarta
Environmental activists, students and children joined the "Asia Climate Rally" againts climate crisis in in front of the Jakarta City Hall
November 29 #EYEWITNESS
Even so, 43 percent of the parent respondents want to learn more to become better financial teachers to their children.
NOVEMBER 24 #ECONOMIC IMPACTS
Indonesia's cold-chain distribution network today cannot handle vaccine transportation at temperatures of minus 20-70 degrees Celsius.
NOVEMBER 22 #HEALTH
An extraordinary general meeting of shareholders approved a bonds issuance plan on Friday to raise $600 million for the airline.
NOVEMBER 21 #CORPORATE NEWS
Bank Indonesia, the country's central bank, has cut its benchmark interest rate in a surprise move to accelerate economic recovery
NOVEMBER 19 #ECONOMY
The president touts the recently-enacted job creation law as key in structural reform.
NOVEMBER 19 #ECONOMY
Morgan Stanley sees the Indonesian stocks still have room to gain next year on the back of an imminent economic recovery.
NOVEMBER 19 #ECONOMY
The decision ensures access a key market for Indonesia's steel industry, which has ramped up its production capacity in the past few years.
NOVEMBER 18 #TRADE
State-controlled Telekomunikasi Indonesia, or Telkom, has decided to invest $150 million in Aplikasi Karya Anak Bangsa.
NOVEMBER 17 #CORPORATE NEWS
China's CATL has decided to invest $5.1 billion in Indonesia to build a manufacturing plant for electric vehicle batteries.
NOVEMBER 17 #CORPORATE NEWS
Seattle-based tech giant Amazon will invest north of $2.8 billion in a data center for its cloud computing service in West Java.
NOVEMBER 16 #CORPORATE NEWS
Indonesia expects double-digit growth bumps in exports and investment and a long-term boost in economic growth following the historic deal.
NOVEMBER 16 #TRADE
Indonesia’s digital economy sets to expand by 11 percent to $44 billion in 2020, showing resilience amid the Covid-19 pandemic.
NOVEMBER 11 #ECONOMY
The government has been working on the new capital city project despite the Covid-19 pandemic that has put much of the fieldwork on hold.
NOVEMBER 10 #ECONOMY
