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Economy
Economy
Moving Forward Amid Doubts
Indonesia’s banking industry shows an increased commitment to sustainable business principles. But the road to green banking still lies for many miles ahead.
Economy
Embarking on Green vehicles
Sale of electric cars in Indonesia is still at the bare minimum level. The government is trying to create a conducive industrial ecosystem, from upstream to downstream.
Economy
Giant Solar Panels and Carbon Colors
The manufacturing industry is sporadically moving towards environmentally-friendly factories. Support comes from giant investments from multinational business networks.
Economy
Post-Pandemic Picnic
The tourism business relies on the implementation of health protocols. Nature tourism will be the trend for travels next year.
Economy
Blessing in Disguise
Green startups pushing environmentally friendly products are growing amid the Covid-19 pandemic. The road ahead is difficult, but there are significant opportunities along the way.
Economy
Tanoto’s Factories Under the spotlight
Indonesia’s tax and customs team is following up reports on alleged profit shifting of a pulp company affiliated to tycoon Sukanto Tanoto. There are opportunities to re-check tax amnesty documents.
Economy
Big money to Spend
The government aims to accelerate the downstream process of coal products through development schemes. High costs and market uncertainties prompt entrepreneurs to prepare proposals for utilization patterns.
Economy
The High Cost of Substitute Goods
The first coal gasification project will commence by involving two state-owned enterprises. The high risk led to a lengthy discussion for cooperation schemes.
Economy
Racing against Patimban
The plan to operate Patimban Port raised concerns of a market war with Tanjung Priok Port. Pelindo II has chosen to focus on improvements.
Economy
The Renewed Spirit of Rebana
The government prepares to develop the areas around Patimban Port, by involving regional administration and the private sector.
Economy
Japanese Port Project in West Java
The consortium under Chairul Tanjung is one step away from being the operator of the Patimban Port. Pelindo II’s ambitions were crashed long before the bidding began.
Market Pulse
Rupiah, Hostage of Interest Rate
When things go awry, the US dollar and gold will be the shelters of choices. Such is tradition in the financial market.
Economy
Bittersweet Regulations
The government will restructure regulations of refined sugar imports. However, the ministry of industry’s draft regulation is deemed not in line with the cabinet meeting, which had aimed to give direct import licenses to industry users. There are regulations which can potentially make this sector increasingly oligopolistic.
Economy
Food and Beverage Industry’s Worries
The food and beverage industry is pushing the government to issue import permits on refined sugar due to uncertain supplies for early 2021.
Economy
Flourishing Amid the Pandemic
Electronic money usage continues to surge during the Covid-19 pandemic. This is believed to accelerate the digitalization of the payment system.
Economy
Rupiah’s Journey through the Ages
The rupiah is turning 74 on October 30. Born as the marker of a newly independent country, this currency has recorded the Republic’s political journey. Now the advancement of technology is forcing it to adjust.
Economy
State Money, Private Management
The establishment of the Indonesia Investment Authority is just a matter of waiting for government regulations. It is the key product of the omnibus law, expected to be a vehicle for foreign investors to put in money in the country.