JAKARTA (XINHUA) – Indonesia was expected to lead the implementation of the International Year of Creative Economy 2021 effectively for the recovery of the creative economic sector amid the COVID-19 pandemic, officials said. The plan initiated by Indonesia was decided by the United Nations (UN) through the UN General Assembly Resolution No 74/198. This is […]
Read MoreIndonesia is pushing for a travel corridor arrangement for Southeast Asian countries to be in place in the first three months of 2021. President Joko Widodo said a declaration on the travel corridor will be issued during the ongoing Asean Summit. Indonesia proposed the move in June, when Thailand and Malaysia said they backed the […]
Read MoreThe International Air Transport Association (IATA) projected Indonesia’s air passenger market to become the fourth-largest globally by 2039, jumping from 10th position in 2019 thanks largely to travel demand from the country’s growing middle class, according to an official. IATA Asia Pacific member external relation assistant director Kelvin Lee said on Tuesday that the growth […]
Read MoreThe government has joined the other members of the Association of Southeast Asian Nations (ASEAN) in signing an agreement on relaxing non-tariff measures (NTM) for the trade of essential goods during the COVID-19 pandemic. Indonesia signed the memorandum of understanding (MoU) on Tuesday. The MoU will be valid for the next two years and cover trade […]
Read MoreIndonesia aims to double the value of business deals to be made during this year’s business forum with Latin American and Caribbean countries. The value of business deals agreed during the same event last year, which involved more than 200 companies, reached US$33 million, according to I Gede Ngurah Swajaya, the director general for American […]
Read MoreIndonesia will provide Rp 42.38 trillion (US$2.95 billion) in state capital injections (PMN) for state-owned enterprises (SOEs) in 2021 to boost their role in supporting the country’s economic recovery. Finance Ministry state assets director general Isa Rachmatarwata the PMN for SOEs was expected to spur economic recovery, adding that the government would oversee the disbursement […]
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