The Indonesian government has prepared a few scenarios on how Indonesia's economic growth will end up as the COVID-19 pandemic began to hit the country’s economy, said Minister of Finance Sri Mulyani Indrawati on March 20.
The Indonesian government is mulling a plan to impose temporary additional duties on imports of textiles and textile products (TPT) as a safeguard measure to protect the domestic upstream industry from a recent surge in imports.
The Indonesian Government decided to cancel the planned shutdown of Komodo Island, a popular destination in the eastern region as populations of the rare lizard Komodo remain stable despite influx of visitors.
The Indonesian Government is calling on enterprises of the Republic of Korea (RoK) to invest in the battery industry for electronic vehicles in the country, just weeks after Jakarta announced a ban on the export of nickel ore to develop its domestic processing industry.
The Indonesian government will prioritise infrastructure development and more investment opportunities to create more jobs and bolster growth in the coming time, Indonesia’s President Joko Widodo has said.