ECONOMY

Elon Musk officially bought Twitter for US$44 billion (Rp629.2 trillion) on Monday (25/4).

d Law Studies (CELIOS) director Bhima Yudhistira views that the government’s decision to stop the export of CPO and cooking oil will only repeat the same mistake it made when it banned coal exports in January this year.

Tourism and Creative Economy Minister Sandiaga Uno estimates that the economic turnover during the Eid holiday may reach Rp72 trillion given the extended length of holidays and collective leaves.

Coal miner PT Adaro Energy Indonesia Tbk claims to receive windfall from the Russia-Ukraine war. As a result of the conflict, Adaro has received increased order from European Union countries.

Finance Minister Sri Mulyani acknowledged the impact of digital disruption will present a huge challenge not only for Indonesia, but also the world.

The government debt of Rp7,000 trillion cannot be verified and validated because according to data from Bank Indonesia (BI), the latest figure by February was Rp5,956 trillion. “So, the question is who should we trust, BI or the Finance Ministry?” economist Ichsanuddin Noorsy told the Independent Observer, on Wednesday (13/4).

Jakarta, IO - The Indonesian Hotel and Restaurant Association (PHRI) of Bali provides a discount of up to 50% for hotel to help revive Bali's tourism as well as to welcome the Eid holiday, following the government’s policy to grant special tourist visa for 43 countries.

One of the government’s key plank strategies to assist micro, small, and mid-sized enterprises (MSMEs) is through the national economic recovery (PEN) program which involves various elements, including financial service institutions, community and non-governmental organizations, as well as educational institutions.

The NSLIC/NSELRED Project is a partnership of the Governments of Canada and Indonesia staged an online International Business Matching Event as part of NSLIC’s Access to Market Program, Monday, (7/3). The aim of the event was to open international access for Indonesian micro and small business actors by having the Indonesian Coffee SMEs meet with buyers from Canada, Germany, and the Philippines in online breakout rooms. This cost-effective virtual approach focused on SMEs who may not have sufficient means to travel overseas themselves to sell their commodities and products globally especially during the COVID-19 pandemic.

Investment in the digital world is being watched by many Indonesians. Although the risk of rising and falling asset values ​​is not yet stable, in fact digital assets are in great demand by investors to invest.