Indonesian Annual Economic Growth Target of 7% Achievable in Second Quarter of 2021

Indonesian Annual Economic Growth Target of 7% Achievable in Second Quarter of 2021

Indonesian Annual Economic Growth Target Achievable by Mid-2021 A 7% Indonesian annual economic growth target is well within attainable scope. The second quarter of 2021 will see the Indonesian annual economic growth target reaching a predictive 7%. This is according to a recent statement from the Republic of Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan…

Tremendous Potential for Indonesia's Digital Economy to Grow

Tremendous Potential for Indonesia’s Digital Economy to Grow

An Eight-fold Growth Potential for Indonesia’s Digital Economy Forecasts indicate Indonesia’s digital economy may reach Rp4,531 trillion by 2030. The Republic of Indonesia’s Ministry of Trade is confident that Indonesia’s digital economy will achieve its tremendous potential for expansion. As more people adopt digitalization of their everyday activities, e-commerce and the digital economy will continue…

Enabling More Than 5% Economic Growth With Indonesia's Manufacturing Industry

Enabling More Than 5% Economic Growth With Indonesia’s Manufacturing Industry

Government Can Expedite Over 5% Economic Growth With Indonesia’s Manufacturing Industry Indonesia’s manufacturing industry has the capacity for higher economic growth with suitable policies and strategies in place. The Republic of Indonesia has the capacity and capability to increase its economic growth by more than 5%. According to the Centre of Reform on Economics (CORE),…

Micro Waqf Bank Aims to Provide Opportunities for How Low-income People Do Business

Micro Waqf Bank Aims to Provide Opportunities for How Low-income People Do Business

Micro Waqf Bank Aims to Provide Opportunities for How Low-income People Do Business Low-income people do business better with financial literacy and freedom. The Republic of Indonesia’s Micro Waqf Bank scheme will positively impact how low-income people do business. Micro Waqf Banks aim to redress industry concerns that have hampered this group in their business…

Energy and Mineral Resources Minister Inaugurates the Merakes Gas Field Development Project

Energy and Mineral Resources Minister Inaugurates the Merakes Gas Field Development Project

Ministerial Induction of Merakes Gas Field Development Project Timely commencement of Merakes gas field development project as global oil prices show signs of recovery. The Merakes gas field development project was officially inaugurated by the Minister for Energy and Mineral Resources recently. The inauguration ceremony took place at the Jangkrik Floating Production Unit (FPU) in…

Indonesia’s Lebak District to Become New Economic Growth Zone

Indonesia’s Lebak District to Become New Economic Growth Zone

Indonesia’s Investment Ministry Optimistic on New Economic Growth Zone Lebak District Lebak District to benefit from potential investment influx upon becoming a new economic growth zone. The construction of better road and transport infrastructure is bringing positive change to the Lebak District. Located in the Banten Province of the Republic of Indonesia, Lebak has been…

Indonesian Government to Boost West Nusa Tenggara’s Tourism With Rp3.7 Trillion Grant

Indonesian Government to Boost West Nusa Tenggara’s Tourism With Rp3.7 Trillion Grant

West Nusa Tenggara’s Tourism Set to Boom With Rp3.7 Trillion Grant From Indonesian Government Development to Be Accelerated With Strategic and Sustainable Activities The Ministry of Tourism and Creative Economy or Kemenparekraf RI has rolled out strategic plans to boost tourism in Indonesia. The Ministry stated that a key aim is the Rp3.7 trillion in…

Indonesia to Improve Agricultural Trade and Investment With UK

Indonesia to Improve Agricultural Trade and Investment With UK

Indonesia and UK to Boost Economic Recovery With Stronger Agricultural Trade and Investment Opportunities Both countries focus on solidarity and collaboration via transparency, inclusiveness, and international cooperation. Indonesia’s Minister of Foreign Affairs and the UK’s Foreign Secretary have reached an agricultural trade and investment understanding. The two dignitaries met in Jakarta at the 3rd Indonesia…

Indonesia Earmarks 275 Million to Build “Five New Balis”

Indonesia Earmarks 275 Million to Build “Five New Balis”

Government Has Identified Five New Priority Tourist Destinations Indonesia’s Government is preparing to spend Rp 4.01 trillion (US$275.15 million) in 2021 in five areas (the five new Balis) that have been identified as priority tourist destinations. Indonesia’s Public Works and Housing Ministry (PUPR) says roads, clean and raw water supply, residential improvements, sanitation, and waste…