Day: March 5, 2017

Djarum-Wings in Sugar Business

Indonesia’s consumption of sugar is around 6 million tons per annum, while domestic production is predicted around 2.7 million tons only. Jokowi-Kalla administration, obsessed by self-sufficiency in sugar by 2020, has encouraged more state companies and private business groups to invest in this sector. The self-sufficiency target might be out of reach, given the current circumstances, but deserved close monitoring.

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The Bright Spots: Tourism Industry

King Salman and his delegation are still enjoying the island of Gods. Minister of tourism Arief Yahya believes the King has strong influence to boost visits from Middle East investors to the country. But, even if this might turn out to be overstated, Indonesia’s tourism industry started 2017 with great news already.

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