Category: Market

Mukomuko, Bengkulu Most hotels and restaurants in Mukomuko District, Bengkulu Province, have begun operating since several weeks ago, following temporarily closing for several months owing to the COVID-19 pandemic. “Now the condition in this area is back to normal a little bit, and most hotels and restaurants have begun operating again. They also begin to pay regional taxes and levies again,” Kasimin, Secretary of the Regional Finance Office (BKD) of Mukomuko District said here on Sunday. The Mukomuko District Government has issued a policy to waive the payment of regional…

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Jakarta The University of Indonesia hinted on Sunday that it was ready to work with the Ministry of Agriculture’s Veterinary Research Agency to conduct animal testing and clinical trials regarding the ministry’s innovation of eucalyptus-based COVID-19 treatment. “The University of Indonesia’s Faculty of Medicine and the Indonesia Medical Education and Research Institute (IMERI) have intensively been conducting COVID-19-related research projects,” Dean of UI’s Faculty of Medicine Prof.Ari Fahrial Syam said. According to Syam, a further research on the ministry’s eucalyptus-based COVID-19 treatment was needed to unveil the antiviral effects and…

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Jakarta Indonesia’s Manufacturing Purchasing Managers’ Index (PMI) rising to 39.1 in June demonstrates that the government’s policy for economic recovery was on the right track, particularly for the national industry, Industry Minister Agus Gumiwang Kartasasmita stated. “The most important aspect pertaining to the increased PMI in June 2020 is the rising confidence of manufacturing industry operators. This has demonstrated that the government’s policy in the new normal era has run on the right track,” Kartasasmita noted in a statement here on Saturday. According to London-based IHS Markit, Indonesia’s Manufacturing PMI…

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Jakarta (ANTARA) – There is still scope for growth in the demand for food and beverage products from Indonesia in the American market amid the coronavirus pandemic, said Kasan, director general of National Export Development, Ministry of Trade.   He made the statement during an interactive discussion on ‘Strategies to Win Market Competition in American Food and Beverage Market’.   “As consumers’ attention grows toward hygienic products that are beneficial for the immune system, there need to be special strategies (implemented) in marketing products that are innovative and have high…

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Medan, N Sumatra: A Medan State University (Unimed) economist believes that Indonesia can no longer overly rely on imports amid the ongoing COVID-19 pandemic but should instead focus on using domestic products. “We can no longer pin too much expectations on imports since we are facing a current deficit account that has laid increasing pressure on the government budget,” Armin Rahmansyah Nasution stated in connection with the impact of the COVID-19 pandemic on Indonesia’s economy. Apart from the current deficit account, the fact that the novel coronavirus pandemic continues unabated…

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Medan, N Sumatra: Indonesia’s government has pledged to help over 17 thousand tourism workers in North Sumatra currently reeling from the socio-economic impacts of the novel coronavirus disease (COVID-19) pandemic, the Province’s Tourism Office Head, Ria Novida Telaumbanua, stated. “The central and provincial governments have been striving to assist business players in the tourism sector and their workers severely hit by the COVID-19 outbreak,” she informed local journalists in Medan, the capital of North Sumatra Province, on Tuesday. To this end, the Ministry of Tourism/Creative Economy Agency has offered 16,100…

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