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Bussiness | Economy

Bappebti States Crypto Transaction Trend Continues to Decline in the Last 3 Years

16:01, 02 Oct 2023

After experiencing high popularity over the past decade and setting several trading records, digital currencies or cryptocurrencies have shown a declining trend. This is especially evident in the last three years, according to records from the Commodity Futures Trading Supervisory Agency or Bappebti

Bussiness | Economy

Logistics Companies Prepare to Increase Prices in 2024

11:07, 02 Oct 2023

The logistics industry is predicted to grow in 2024, in line with the increasing travel and business traffic that is developing alongside the global economic recovery. However, high inflation has led logistics companies to try to increase prices to reduce costs. DHL Express, as one of t

Bussiness | Economy

Gold Prices Plummet Sharply at the End of September 2023

12:39, 01 Oct 2023

The performance of US bonds and the strengthening of the US Dollar have been the causes of the sharp decline in gold prices at the end of September. It is noted that gold on COMEX has fallen below US$ 1,900 per troy ounce, marking the lowest point in the past 6 months. Previously, the lowest drop oc

Bussiness | Economy

Investment Breakthrough in IKN: 284 Letters of Intent from 21 Countries

01:00, 01 Oct 2023

According to data from the Capital City Authority of the Archipelago (IKN), there have been 284 letters of intent for investment (LOI) received from investors, both domestic and foreign. Agung Wicaksono, the Deputy for Financing and Investment at IKN, revealed that the majority of these expressions

Bussiness | Economy

Indonesia Achieves Second Place as the Largest Foreign Investment Magnet in ASEAN

11:08, 30 Sep 2023

Indonesia continues to prove its attractiveness in the realm of foreign investment. According to the latest report from the UNCTAD World Investment Report 2023, Indonesia has successfully secured the second position as the largest recipient of foreign direct investment (FDI) in the ASEAN region in 2

Bussiness | Economy

Indonesia Records a Trade Surplus of USD 3.12 Billion: A 40-Month Recap of Economic Success

17:37, 29 Sep 2023

The Central Statistics Agency (BPS) has announced that Indonesia has successfully recorded a trade surplus in goods amounting to USD 3.12 billion in August 2023. While this figure has increased by 1.83 percent compared to the previous month, it has experienced a decrease of 2.65 percent when compare

Bussiness | Economy

Rapid Advancements in Fintech: The Future of Indonesia's Financial Landscape

11:36, 29 Sep 2023

Financial technology, or fintech, has experienced tremendous growth during the "new normal" era triggered by the Covid-19 pandemic. The high potential for user growth and a significant increase in digital transactions in the future are expected to drive progress in the fintech industry. In

Bussiness | Economy

e-Commerce Association Identifies Other Causes of Low Footfall in Tanah Abang

15:55, 28 Sep 2023

The government's decision to ban the use of TikTok Shop as a sales platform is often cited as a consequence of protests by traders in the Tanah Abang area of Jakarta. However, the Indonesian e-Commerce Association (ideA) disagrees with this interpretation. In a Focus Group Discussion held on Wed

Bussiness | Economy

The Ministry of Finance Ensures Carbon Tax Scheme Continues Despite Carbon Exchange Launch

19:26, 27 Sep 2023

Following the official inauguration of the carbon exchange by President Jokowi on Tuesday, September 26, 2023, various questions have arisen among the public. One of them concerns the implementation of a carbon tax. Nevertheless, Deputy Finance Minister Suahasil Nazara has affirmed that the carbon t

Bussiness | Economy

OJK to Regulate the Size of Online Loan Interest Rates

10:14, 27 Sep 2023

The surge in online loan cases has prompted many members of the public to urge the Financial Services Authority (Otoritas Jasa Keuangan or OJK) to take decisive action. One such action is the issuance of regulations regarding interest rates for fintech applications. This comes especially after it ha

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