News

Pompeo Praises Indonesia’s Reform Effort to Cut Red Tape

Pompeo praises Indonesia’s reform effort to cut red tape. The United States has praised the Indonesian government’s effort in...

Oct 29 · 1 min read >

North Sumatra Food Estate to Bear Fruit in Two to Three Months: Jokowi

North Sumatra food estate to bear fruit in two to three months: Jokowi. During a visit to Ria-Ria village,...

Oct 28 · 1 min read >

Economists Question Efficacy of Tax Incentives in Omnibus Law

Economists question efficacy of tax incentives in omnibus law. Tax incentives stipulated in the recently passed Job Creation Law...

Oct 28 · 2 min read >

Ministry to Spend Rp20b on Logistics Subsidy to Reduce Price Disparity

Ministry to spend Rp20b on logistics subsidy to reduce price disparity. The Transportation Ministry has allocated Rp20 billion (US$1.36...

Oct 27 · 2 min read >

United States’ DFC, Luhut Discuss Sovereign Wealth Fund

United States’ DFC, Luhut discuss sovereign wealth fund.  The United States-based International Development Finance Corporation (DFC) explored opportunities to...

Oct 25 · 1 min read >

FDI Bounces Back In Q3, But Economic Outlook Remains Uncertain

FDI bounces back in Q3, but economic outlook remains uncertain. Foreign direct investment (FDI) picked up in the July...

Oct 25 · 2 min read >

Quibi Streaming Service to Shut Down

Quibi streaming service to shut down. Short-form streaming service Quibi announced Wednesday it is pulling the plug on the...

Oct 25 · 2 min read >

Indonesia should Harness Digitization to Adapt to Post-Pandemic World: McKinsey

Indonesia should harness digitization to adapt to post-pandemic world. Indonesia’s industry players and the government should ramp up digitization...

Oct 23 · 2 min read >

Bank Mandiri Appoints Darmawan Junaidi As President Director

Bank Mandiri appoints Darmawan Junaidi as president director. State-owned Bank Mandiri named on Wednesday Darmawan Junaidi its new president...

Oct 22 · 1 min read >

Tesla Sets Revenue Record, Makes Profit Thanks to Pollution Credit Sales to Rivals

Tesla sets revenue record, makes profit thanks to pollution credit sales to rivals. Tesla sets revenue record, makes profit...

Oct 22 · 3 min read >

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