Ministry to evaluate Lapindo asset value to repay governmental debt

  Jakarta (ANTARA) – The government will assess the asset value of oil and gas exploration firm PT Lapindo Brantas Inc and its subsidiary, PT Minarak Lapindo Jaya, to repay Rp1.91 trillion of their governmental debts. “They want to hand over their assets, okay,” Director General of State Asset Management of the Finance Ministry Isa Rachmawarta stated here on Friday. The audit result of the State Audit Agency (BPK) in 2019 showed that Lapindo Brantas Inc and PT Minarak Lapindo Jaya owed Rp1.91 trillion to the state, comprising Rp773.38 billion…

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Police deploys 456,141 personnel to secure regional election phases

Jakarta (ANTARA) – The police have stationed 456,141 personnel to secure all phases of the 2020 simultaneous regional head elections, according to a spokesman. “We will deploy 145,189 personnel, especially to provide security during the polling day,” Chief of the Public Information Bureau at the National Police Brigadier General Awi Setiyono stated here on Thursday. The police received an additional 3,100 Mobile Brigade (Brimob) personnel to be stationed in several provinces, he revealed. Some 400 of the Brimob personnel will be deployed in Jambi, 200 in Riau Islands, 200 in…

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Buoyancy over economic recovery in 2021

  The coronavirus disease (COVID-19) pandemic that emerged earlier this year has significantly affected the state of the global economy. The pandemic has impacted not only health but also the economy, thereby resulting in economic recession in countries. Indonesia is on the list of nations to have recorded negative economic growth owing to COVID-19 that has led to an economic recession. The Central Statistics Agency (BPS) reported that in the third quarter of 2020, Indonesia’s economy recorded a -3.49 percent contraction year-on-year (yoy), better than -5.32 percent in the second…

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Flash floods in Medan claim five lives

Medan, N Sumatra (ANTARA) – Flash floods that swept through certain areas of the North Sumatran city of Medan and its outskirts on Friday, killed five residents of Tanjung Selamat Village in Sunggal Sub-district, Deliserdang District, a government official stated. The flooding was triggered by the overflowing of Belawan River following downpour in the affected areas on early Friday, Sunggal Head Ismail revealed. Ismail has pegged a possible rise in the number of fatalities since search efforts to rescue and evacuate flood victims were still underway. The search and evacuation…

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Government imposes progressive export levies on CPO

  Jakarta (ANTARA) – The government has imposed progressive export levies on palm oil products, including crude palm oil (CPO) and its derivatives, according to the Finance Minister’s Regulation (no. 191/PKM.05/2020) issued on December 3, 2020. “The export levies were set based on the reference price of CPO,” the document obtained here on Friday stated. The regulation is based on the decision on export levies taken by the Indonesian Palm Oil Fund Management Agency (BPDPKS) steering committee, led by the Coordinating Minister for Economic Affairs, Airlangga Hartarto. In a statement,…

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Moeldoko seeks preacher Aa Gym’s participation in COVID-19 vaccination

Bandung, W Java (ANTARA) – Presidential Chief of Staff Moeldoko requested Indonesia’s popular Muslim preacher, Abdullah Gymnastiar alias Aa Gym, to partake in the first phase of the government’s upcoming COVID-19 vaccination program. “I am optimistic that he (Aa Gym) would be able (to participate in the vaccination program),” Moeldoko noted on the sidelines of his visit to Aa Gym’s Daarut Tauhid’s eco-Islamic boarding school in Bandung Barat District, West Java, on Friday. Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, spoke of the government likely commencing the…

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