Manpower Minister Ida Fauziyah distributed assistance under the Independent Workforce (TKM) Program to business actors and street vendors in Mojokerto district, East Java. The assistance is part of the ministry’s efforts to mitigate the impact of the COVID-19 pandemic and support the implementation of Community Activity Restrictions (PPKM) for business
Bank Indonesia (BI) pointed to positive and significant development in the transaction value using the Local Currency Settlement (LCS) with Malaysia and Japan. “(The percentage of LCS) in 2020 exceeded four percent of our total trade with Malaysia and clocked a three-fold rise from our starting position in 2018 at
The Indonesian Health Ministry is developing a strategy to administer 300 million doses of the COVID-19 vaccine scheduled to arrive in Indonesia, from August to December 2021. “We will be receiving 300 million doses of vaccine starting from August to December,” the ministry’s spokesperson for COVID-19 vaccination, Siti Nadia Tarmizi,
Indonesian Minister of Communication and Informatics Johnny G. Plate said G20 countries need to focus on digital transformation as it is a crucial element to drive economic recovery after the COVID-19 pandemic. “(Accelerating digital transformation) is also a supporting component to build a more resilient and powerful nation,” Plate stated
Indonesia’s foreign exchange reserves reached US$137.3 billion by the end of July 2021, or increased from US$137.1 billion in June 2021, according to Bank Indonesia (BI). The level of foreign exchange reserves was deemed equivalent to financing 8.9 months of imports or 8.6 months of imports and served the government’s
Board of Commissioners Chairman of the Financial Services Authority (OJK) Wimboh Santoso highlighted that the performance of various indicators of the financial services sector increased in the second quarter of 2021. “Thus, in general, the financial services sector is in a stable condition,” Santoso noted at a press conference of the Financial