Day: August 23, 2022

Govt preparing alternative scheme for fuel oil price: minister

The Indonesian Government is currently preparing an alternative scheme for adjusting the price of fuel oil, Coordinating Minister for Economic Affairs Airlangga Hartarto has informed.”(About) the scheme, the government has prepared several alternatives…

BI projects 2022 third-quarter economic growth of 5.5 percent

Bank Indonesia (BI) projects Indonesia’s economic growth in the third quarter of 2022 to reach 5.5 percent (yoy) or higher than that in the 2022 second quarter along with continuing improvement in the domestic economy.To this end, Indonesia’s economy i…

BP2MI coordinates with Kemkominfo to erase illegal recruitment ads

Head of the Indonesian Migrant Workers Protection Agency (BP2MI) Benny Rhamdani said his side will coordinate with the Communication and Informatics Ministry (Kemkominfo) to remove advertisements on illegal placement of Indonesian migrant workers on so…

BI sees core inflation at 4.15% due to fuel prices

Bank Indonesia (BI) has projected that core inflation will rise to 4.15 percent year-on-year (yoy) this year and inflation expectations will also increase on the back of soaring non-subsidized fuel prices.”In addition, volatile food price inflation and…

Ministry awards stakeholders for helping improve sea toll program

The Transportation Ministry has bestowed awards on several stakeholders, including local governments, port technical acting units, and ship operators, for supporting the improvement of the sea toll program. “I laud all parties who have supported the se…