Yesterday's Economic News May Be Missed: Sandi Allows Crowd Events And The Securities Of The Ministry Of Investment

The Minister of Tourism and Creative Economy Sandiaga Uno (Source: Antara)

JAKARTA - A number of important information adorned the economic news throughout Saturday, April 10. The news included the allocation of 2 billion U.S. dollars from the World Bank for developing countries to the statement of The Minister of Tourism and Creative Economy Sandiaga Uno about the start of various performance events with health protocols.

Events can be held with strict protocols

Minister of Tourism and Creative Economy (Menparekraf) Sandiaga Salahuddin Uno said various events have begun to be held again. The condition is the application of strict and disciplined health protocol.

Sandi, in the launch of the KEN 2021-Calender of Regional Event at RCTI STUDIO+ Jakarta, Saturday night, said it held and launched the Kharisma Event Nusantara (KEN) 2021 program as an effort to revive the Indonesian performance industry.

Jakarta-Bandung high-speed train

Transportation Minister Budi Karya Sumadi said the Jakarta-Bandung high-speed rail construction project using high technology as a good leap for Indonesia.

"The Jakarta-Bandung high-speed rail project is a particular leap for Indonesia in terms of development technology. From what I couldn't, now it can be. This leap should be well understood," said Budi Karya.

Allocate $2 billion for developing countries' vaccines

The World Bank Group is committed to funding 2 billion U.S. dollars by the end of April for the COVID-19 vaccine in about 40 developing countries, World Bank Managing Director of Operations Axel van Trotsenburg said on Friday, April 9.

The $2 billion fund is part of a pool of about 12 billion U.S. dollars that the World Bank has provided overall for development, distribution and production, vaccines in low- and middle-income countries, van Trotsenburg told a World Bank forum.

APTRI proposes HPP and HET of farm sugar to be raised

The Indonesian People's Sugar cane Farmers Association (APTRI) proposes to the government to increase the reference price of farm sugar (HPP) and HET (Highest Retail Price) of sugar farmers in an effort to improve the welfare of sugar cane farmers and realize competitive sugar self-sufficiency in Indonesia.

"The reference price of farm sugar is Rp. 9,100 per kilogram and the highest retail price (HET) of sugar Rp. 12,500/kg has not gone up for six years. Whereas the Cost of Goods Sold (HPP) is still far below the cost of production (BPP) which is currently Rp. 11,000/Kg," said APTRI Chairman Soemitro Samadikoen.

Ministry of Investment gives positive sentiment to investors

Center Reform on Economics (CORE) Indonesian economist Yusuf Rendy said the approval of the establishment of the Ministry of Investment in the Plenary Meeting of the House of Representatives will provide positive sentiment for investors or investors.

"This adds to the government's efforts in improving the investment climate, by increasing its class from agency to ministry, will certainly be seen as a positive sentiment for investors," said Yusuf Rendy.

*Read more information about ECONOMICS or read other interesting articles from Ramdan Febrian.

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