The Trade Industry is getting an additional Rp 2.57 trillion (US$178 million) after the House Commission VI overseeing industry affairs agreed to financially support the development of Industry 4.0. The funds will be used to help adjust five industry segments — textile, garment, automotive, electronics and chemical — to face the so-called fourth industrial revolution […]
Read MoreFive companies have filed lawsuits against the Bandung-Jakarta high-speed train project with the Karawang District Court in West Java, demanding a total compensation of Rp 2.02 trillion (US$141 million) for their properties affected by the project, of which three will proceed to court. PT Gajah Tunggal, PT Karawang Cipta Persada, PT Perusahaan Industri Ceres, PT Batuah Bauntung Karawang […]
Read MoreTEMPO.CO, Jakarta – The prices of red pepper and broiler chicken eggs have increased in Jakarta. The red pepper price rose from Rp40,000 to Rp70,000 per kilogram. Meanwhile, the broiler chicken eggs reached Rp30,000 per kilogram. Through Tempo’s monitoring in Mayestik Market, Santa Market, and Kebayoran Lama Market, South Jakarta, the increased price of red pepper due to the increasing commodity […]
Read MoreThe government is aiming to strengthen the Indonesian manufacturing industry and secure big investment projects in the face of global uncertainty and a trade war. On Monday, after attending a more than four-hour Cabinet meeting at the Bogor Presidential Palace in West Java, Industry Minister Airlangga Hartarto said the government would guarantee the supply of […]
Read MoreIn a coordination meeting on Sunday, several ministers discussed how to anticipate to the impact of the looming trade war between the United States and China, but were tight-lipped on Monday when asked to comment on the meeting’s results. The meeting was unusual because it was held on a Sunday and involved ministers beyond those overseeing trade and economics. […]
Read MoreGo-Jek spokesman Michael Reza Say says the homegrown ride-hailing app will expand its business to Singapore this year, following moves to Vietnam and Thailand. “We will [expand to Singapore] this year, but we can’t give any details about it yet,” he said on Friday as quoted by Tempo. According to its website, the Indonesian ride-hailing […]
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