Indonesia has taken an economic hit from COVID-19 with early figures showing a sharp pull back last year.
The $50 million facility is targeted at micro entrepreneurs in rural areas who intend to develop or start businesses, according to a statement. It is also meant to encourage a post-pandemic economic recovery.
President Joko Widodo (Jokowi) stressed that digital trade in Indonesia must be focused on always empowering and encouraging the performance of Micro, Small, & Medium Enterprises (MSMEs) and proffer benefits to the wider community.
Indonesia’s Ministry of Agriculture has signed a Memorandum of Understanding (MoU) with Microsoft to empower smallholder farmers with technology-oriented solutions that will help them increase income using ground-breaking, cloud-based technologies, machine learning and advanced analytics.
Indonesia will soon approve a regulation to stem money laundering and terrorism financing by requiring fintech players to report suspicious transactions.
How would you feel if you found out that the beautiful pair of shoes you bought last week were sewn with the hands of a hungry child who works long hours to earn so little?
For a decade, Senyawa has helped redefine how Indonesian music sounded. Now, the duo wants to revolutionize how it gets heard.
Tourism and Creative Economy Minister Sandiaga Uno met with Bali Governor Wayan Koster on Thursday to discuss a soft loan of Rp9.9 trillion for Bali Island’s tourism industry and creative economy players this year.
A recent Morgan Stanley report has predicted that Indonesia will not only survive the crisis, but also enter a “Goldilocks” economy in 2021 if it can play its strategic place in the post-COVID-19 pandemic period and global order of the 21st century. Are they being too optimistic?
Jakarta is the world’s tenth most congested city. It’s so congested you might not even notice when half the cars are missing. Today it’s the odds; car license plates – all ending in ones, threes, sixes and nines – are shuttered inside garages or parked on streets. Tomorrow, the same will be true of the even-numbered plates.
Analysts expect the downward trend in the occupancy rates of commercial real estate in Jakarta and Surabaya will continue this year as supply overtakes reduced demand.
Our children, born into this age of seemingly endless crises, also know that the future will need their labor and wherewithal if solutions are to be found. Yet, we seem to be stuck doing education to our students rather than with them.
A successful COVID-19 vaccination drive could help the government reach its target of reducing the budget deficit to under 3 percent in three years, a state official has said. “The government target could be reached by controlling and reducing coronavirus cases,” Regional Representatives Council (DPD) speaker La Nyalla Mattalitti said in a written statement on Wednesday.