Indonesian consumers remain anxious about embarking on the so-called “new normal” as shown in a continued reluctance to go out despite the easing of travel restrictions, resulting in a sustained home-based economy, consumer research firms have reported. According to a report by market research firm Kantar, almost half of all Indonesians are still worried about […]
Read MoreNational flag carrier Garuda Indonesia plans to open direct flights to Denpasar, Bali, from the United States, France and India in an attempt to boost the country’s tourism that has been battered by the pandemic. The direct flights will connect Bali with American cities like Los Angeles and San Francisco and Indian cities like Mumbai and […]
Read MoreMiners in Indonesia, the world’s top coal exporting country, have decided to cut domestic production by 50 million tons this year in their bid to increase global coal prices, which have been falling during the health crisis. The Indonesian Coal Mining Association (APBI) has forecast coal production to fall short by 11 percent to 530 million […]
Read MoreChinese tech behemoth Alibaba plans to open its third cloud data center in Indonesia by next year in expanding its presence in the Indonesian market amid rising competition. Alibaba Cloud, a subsidiary of Alibaba, said Tuesday the latest data center would minimize data loss-related risks by dividing workloads between the company’s three centers in Indonesia. […]
Read MoreIndonesia’s headline inflation moderated for the third straight month, led by further easing in food inflation, while core inflation also edged down. The combination of benign price pressures, weak growth and easing downward pressure on the IDR suggests a rate cut by Bank Indonesia this month is on the cards said ANZ Research in a […]
Read MoreThe government aims to have 10 million micro, small and medium enterprises (MSMEs) go digital by the end of the year to help them ease the financial burden of the pandemic, a high-ranking official has said. Cooperatives and Small and Medium Enterprises Minister Teten Masduki said there were currently only around 8 million MSMEs that […]
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