Slow Digitalization of MSMEs is the Cause of Economic Growth Below Target
Jakarta, 15 January 2024 – Indonesia’s economic growth in the third quarter of 2023 was 4.94% year on year (yoy). This figure slowed compared to the previous quarter (5.17% yoy) and is still below the government’s target for 2023 of around 5.3%. General Chair of…
New Surprises and Classic Problems in the 2023 State Budget
Jakarta, 15 January 2024 – Fiscal has a strategic function in encouraging economic growth, supporting the investment climate, redistributing income, encouraging equality, while providing protection for the poor and vulnerable. These functions are increasingly needed, especially in conditions of high uncertainty like today. The implementation…
Ilham Habibie: Investortrust is like a baby ready to run
Jakarta, 11 January 2023 – President Commissioner of PT Investortrust Indonesia Sejahtera, Ilham Akbar Habibie likened investortrust.id to a baby who is only five months old, but can already crawl nimbly, is starting to be able to stand, and is even ready to run. “I…
Anindya Bakrie Explains Reasons for Establishing Investortrust
Jakarta, 11 January 2024 – Co-Founder of Investortrust Indonesia Sejahtera, Anindya Novyan Bakrie, explained the reasons for establishing PT Investortrust Indonesia Sejahtera, publisher of the investortrust.id news portal. One of them is wanting to provide quality, comprehensive and always relevant information to the needs of…
Gateway Container Line Targets 9% Business Growth to Maximize Digitalization of Logistics Services
Jakarta, 18 December 2023 – Gateaway Container Line, a national logistics company with a global scale, is targeting to book 9% business growth next year. Such growth is expected to be achieved through the less container load (LCL) business, which is the Company’s business focus….
Decreasing Logistics Costs is a Challenge for RI-India Trade
Jakarta, 18 December 2023 – Indian Ambassador to Indonesia and Timor Leste, Sandeep Chakravorty said that in the economic integration between Indonesia and India, reducing logistics costs is a challenge in trade between the two countries. In addition, there is also a need for direct…
‘Indian businesses are showing keen interest in Indonesia’s Nusantara’
Both countries are looking to scale up bilateral trade to $50 bn by 2025, says Malvika Priyadarshini, head of economic and commerce wing at the Indian embassy in Jakarta
Indonesia Earns Lithuania’s Backing for OECD Membership
Jakarta, 1 November 2023 – The number of countries that are backing Indonesia’s bid to the Organization for Economic Co-Operation and Development (OECD) is growing. This time, the support is coming from Lithuania which has been part of the 38-membered group since 2018. According to Lithuanian…
Indonesia Explains Why It Took Long for ASEAN to Respond to Gaza Conflict
Jakarta, 1 November 2023 – Indonesia on Tuesday defended ASEAN’s overdue statement on the Israel-Palestine conflict, saying that the 10-member group needed to find a middle ground that could serve as the bloc’s collective position. The conflict in Gaza escalated when the militant group Hamas…
Indonesia’s Economic Optimism Facing Geopolitical Challenges
Jakarta 1 November 2023 – The global economic condition, which has not yet recovered after the COVID-19 pandemic, continues to experience challenges in the form of the Russia-Ukraine war and the Hamas-Israel conflict which have triggered increases in energy and food. “Energy and food prices,…