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Tag: Finance

Economy and Finance

UMKM Must Be Creative During the Pandemic

JAKARTA - The Ministry of Cooperatives and Small and Medium Enterprises (UMKM) stated that business people must be patient, resilient, and creative during a pandemic. They also have to be able to diversify their business, so that if one business dies, they can move to other businesses. "Creativity must not die. That is the message of the Minister of Cooperatives and SMEs that we must remember and hold". Said the Secretary of the Ministry of Cooperatives and SMEs, Prof. Rully Indrawan. When opening the West Java Youth Creative Industry Week 2020 with the theme 'Expo and Awarding of Creative Industry Product Innovations. West Java Youth 'in Bandung, Monday (23/11). On that occasion, he also reminded again, the current condition of the Indonesian economy is experiencing a difficult period...
Economy and Finance

BUMN Emiten Stock Encourage Improvement of Domestic Stock Exchange

JAKARTA - The Indonesian stock exchange has begun to show improvement after experiencing considerable pressure due to the impact of the Covid-19 pandemic. The Jakarta Composite Index (IHSG) fell to 3,900 last March before slowly rising to 5,400 on Tuesday. Analyst of Sekuritas Indonesia, Anugerah Zamzami. Said that the improving trend of the IHSG has been boosted by the performance of shares of state-owned enterprises (BUMN), especially in the last few months. "The majority of state-owned companies' financial performance is still decreasing on an annual basis. However, on a quarterly basis many state-owned companies have shown improvement in the third quarter compared to the second quarter," said Anugerah, Wednesday. Reflecting on the movement of BUMN shares in the BUMN 20 Index, Anug...