Business

Insights

Indonesia Recorded First Deflation Since September 2019 Due to Weak Purchasing Power

It was due to weak purchasing power, with Indonesia’s consumer price index (CPI) standing at -0.10% month-on-month in July.
MP
Marella Putri 6 days ago . 1 min read
Business
Employment Creation Bill to Boost Infrastructure Project?
There are many regulations related to the infrastructure project Yet, one underlying law is particularly important, namely land procurement law of 2012. Through the employment creation bill, the government proposes some amendments.
CS
Columnist Section 2 weeks ago . 3 min read
Business
Bio Farma to Develop Covid-19 Vaccine Trial
The company was ready to launch a Phase III clinical trial before the officials authorize its widespread usage.
EV
Elisa Valenta 3 weeks ago . 1 min read
Business

Finance Ministry and Bank Indonesia agreed on $40 billion burden-sharing scheme

The central bank will bear a large chunk of state debt loads through a “burden-sharing” scheme worth Rp574.59 trillion (US$ 40 billion).
EV
Elisa Valenta 1 month ago . 2 min read
Insights
Indonesia's Inflation Rate Hit the Lowest Since May 2000
However, analyst expects an uptick in core inflation in upcoming months, as the government gradually eases the virus containment measures and Bank Indonesia continues its expansionary stance
MP
Marella Putri 1 month ago . 1 min read
Business
Pandemic Highlights Momentum for Food Delivery Business
Food delivery has played an essential role in helping people to stay at home safely during the COVID-19 pandemic.
EV
Elisa Valenta 2 months ago . 3 min read
Business
Surviving The Corona, Preparing the Post
COVID-19 outbreak is putting the world in the middle of a global crisis – perhaps, the worst in the past two decades. For humankind, the pandemic is a war against humanity. While for businesses, the crisis is a shifting factor to the market as an impact o
CS
Columnist Section 2 months ago . 2 min read
Business
Indonesia's inflation edges down in May
Indonesia posted its lowest inflation in almost two decades last month as the COVID-19 outbreak continues to suppress demand.
EV
Elisa Valenta 2 months ago . 1 min read
Insights
Digital tax in Indonesia to be effective starting July
The Ministry of Finance has decided that 10% VAT will be imposed on digital products such as music streaming & film subscription, games, and online services coming from abroad - in order to create a level playing field to all business players.
MP
Marella Putri 2 months ago . 2 min read
Insights
World Bank approved $700 million of financing to help Indonesia fights against COVID-19 pandemic
The financing is divided into two projects, one for Indonesia's Social Assistance Reform Program and the other goes as COVID-19 Supplemental Financing for Indonesia's First Financial Sector Reform Development Policy Loan
MP
Marella Putri 2 months ago . 1 min read
Insights
Insurance Industry Hit-Hard in COVID-19 Pandemic
By Elisa ValentaLike other businesses, the insurance industry is vulnerable to the coronavirus pandemic and the slowdown in global economic growth. The Financial Authority Services
EC
Ester Christine Natalia 2 months ago . 1 min read