Bank of Indonesia (BI) released seven denominations of the 2022 issue banknotes: Rp1,000, Rp2,000, Rp5,000, Rp10,000, Rp20,000, Rp50,000, and Rp100,000.”Today, August 18, 2022, I officially issue seven denominations of the 2022 issue year Rupiah bankno…
President Joko Widodo (Jokowi) instructed all regional governments to cooperate with the central inflation control team (TPIP) and regional inflation control teams (TPIDs) to curb the inflation rate.”I want district heads, mayors, and governors to coop…
Finance Minister Sri Mulyani Indrawati stated that issuance of the seven denominations of the 2022 edition of rupiah banknotes was a matter of pride for the Indonesian people.“It is only proper that rupiah, as a legal means of payment, must be respecte…
PT Pertamina’s upstream subholding, PT Pertamina Hulu Energi (PHE), found new oil and gas deposits at the Explorasi R-2 offshore well in Aceh, Bajakah-011 onshore well in West Java, and Markisa-001 onshore well in Papua.”Until mid-August, coinciding wi…
President Joko Widodo (Jokowi) has asked Finance Minister Sri Mulyani Indrawati to review the resilience of the 2022 state budget (APBN) considering the government’s spending on subsidies has reached Rp502 trillion (US$33.8 billion).At the opening of t…
The government is seeking a balance in terms of the expensive airfares that contribute to inflation, Transportation Minister Budi Karya Sumadi stated.”We maintain a balance in the capabilities of the transport sector through (the policy of) not raising…
The government is preparing foundations for the youth so they can make big leaps in reaching the Advanced Indonesia 2045 goal, Head of the Presidential Staff Office (KSP) Moeldoko has said. Those foundations include the development of quality human r…
Vice President Ma’ruf Amin highlighted future challenges and opportunities of the national sharia insurance industry amid implementation of ASEAN Framework Agreement on Services (AFAS) aimed at eliminating restrictions to trade in services among ASEAN …
Though Indonesia’s economy is relatively stable and has entered an expansion phase, Indonesians must remain cautious in the face of the global recession threat, People’s Consultative Assembly (MPR) Speaker Bambang Soesatyo has said.”Three countries and…
Vice President Ma’ruf Amin on Thursday highlighted the vital role of the sharia economy and finance in scripting an inclusive national economic recovery.”On this occasion, I would like to emphasize the importance of the role of sharia economy and finan…
