Category: Market

Jakarta (ANTARA) – The Public Works and Public Housing Ministry disclosed that it has set  a target of completing the construction of new Demangan watergate in Sewu Village, Surakarta City, Central Java Province, by the end of this year. Its construction has reached 68 percent completion, Public Works and Public Housing Minister Basuki Hadimuljono said in a statement here on Sunday. “New Demangan watergate construction got commenced in October 2020, and Insya Allah (God willing) it can have been finalised by the end of 2021. Now,  the construction has reached 68…

Tulungagung, E Java (ANTARA) – East Java Province has eyed Muslim-majority countries in Asia Pacific and Africa to expand its halal food export as halal has become a global life style. “In the midst of the fact that the world’s Muslim population in 2030 is expected to reach 2.158 billion or 26 percent of the world’s total population, our halal product market potential is very huge,” Head of the Economic Affairs Office at East Java Provincial Government Tiat Surtiati Suwardi said here on Saturday. East Java’s exports of non-oil and gas products…

Bima (ANTARA) – Tourism and Creative Economy Minister Sandiaga Salahuddin Uno has pledged to develop the tradition of horse racing in Bima District, West Nusa Tenggara Province, to be one of Indonesia’s tourist attractions to lure more tourists to see the event. “Hence, at first, we will take a look at the revitalization of facilities. I have received several requests that this event can be elevated to national level,” Uno said during his visit to  the horse racing arena here on Sunday. He said the horse racing which has existed as a hereditary tradition since the Japanese colonial…

Jakarta (ANTARA) – The Jailolo Bay Festival (FTJ), held on June 9-12 this year, drew from the philosophy of “diversity in unity” of West Halmahera’s traditions, culture, ethnicity, races, and religions. This year, the festival is themed “the Harmony of the Spice Island” to promote tourism of West Halmahera (Halbar) District, North Maluku. The FTJ will offer a unique and memorable experience, Ministry of Tourism and Creative Economy’s Deputy for Tourism Products and Activities Organizer, Rizki Handayani, stated here on Saturday. “Interestingly, this unique content can now be enjoyed online,…

JAKARTA (ANTARA) – The 2018 Second Biennial Update Report highlighted that Indonesia requires US$247.2 billion, or Rp3,461 trillion, to realize the target of the Paris Agreement. “It means we need at least Rp266.2 trillion every year. This amount is even higher than the budget allocated for National Economic Recovery (PEN) in the health sector that reached Rp172 trillion,” Finance Minister Sri Mulyani Indrawati stated during a webinar on “Climate Change Challenge” here on Friday. The budget allotted for climate change reached 4.1 percent, or Rp86.7 trillion, per year of the…

Jakarta (ANTARA) – The World Bank’s (WB’s) Board of Executive Directors approved funding of US$400 million, or Rp5.6 trillion, to support the Indonesian government’s reforms to deepen and enhance efficiency and bolster the financial sector’s resilience. WB Director for Indonesia and Timor Leste Satu Kahkonen stated here on Friday that the new funding is designed to assist Indonesia in lowering vulnerability of the financial sector impacted by the COVID-19 pandemic. “This funding complements various government efforts to protect the financial and economic sectors, as a whole, as well as to…