Tag Archives: developmentinindonesia

Digital economy expected to continue to improve: Minister Hartarto

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Jakarta (ANTARA) – Indonesia’s digital economy is projected to continue to grow due to the high Internet penetration rate of around 78 percent and the country’s large population, according to Coordinating Minister for Economic Affairs, Airlangga Hartarto. “In 2022, 40 percent of the world’s total digital transactions were made from Indonesia, namely US$77 billion. With the majority of the population entering the productive age, Indonesia’s digital economy will continue to grow,” he said on Wednesday. Hartarto made the statement virtually at the launch of the East Ventures Digital Competitiveness Index (EV-DCI) 2023: Digital Justice for All Indonesian People report in Jakarta. According … Continue reading →

80% of unfinished investment projects complete

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Investment Minister and Investment Coordinating Board (BKPM) head Bahlil Lahadalia has said that his party has completed 80 percent of unfinished investment projects worth Rp708 trillion (around US$45.7 billion) since his taking over as BPKM head in 2019. “Of the Rp708 trillion (around US$45.7 billion) in unfinished investments, we have completed more than 80 percent, including investments outside Java Island,” he informed at the “2023 Fortune Indonesia Summit” in Jakarta on Wednesday. The completion of unfinished investments was one of the directives the minister received from President Joko Widodo when he took over as BKPM head. He was also tasked … Continue reading →