Day: September 9, 2022

BI records net capital outflow of Rp1.64 trillion

A net capital outflow of Rp1.64 trillion was recorded in the Indonesian financial market from September 5 to 8, 2022, Bank Indonesia (BI) has informed.Capital outflows from the government bond market were recorded at Rp5.37 trillion, while capital infl…

Utilization of village funds for controlling inflation

Village governments can suppress food inflation by utilizing village funds, and this necessitates their effective use.Of late, volatile food inflation has been under the spotlight in Indonesia.Given the scenario, villages need to examine the causes of …

President expresses condolences over demise of Queen Elizabeth II

President Joko Widodo expressed his condolences over the passing away of Queen Elizabeth II.”I am deeply saddened by the passing (away) of Queen Elizabeth II, a widely admired and beloved queen,” President Jokowi stated through his official Twitter acc…

Preparations for G20 Summit on the right track: Minister Marsudi

The preparations for the G20 Summit, which is scheduled to take place in Bali on November 15–16, 2022, are on the right track, Foreign Affairs Minister Retno Marsudi has said.”In the logistics and the substantial aspects, we are ready. I also believe t…

Home Affairs Ministry calls for efforts to strengthen MSMEs

Head of the Domestic Policy Strategy Agency (BSKDN) of the Home Affairs Ministry Eko Prasetyanto has called for efforts to strengthen micro, small, and medium enterprises (MSMEs) to enable them to compete in the global market.”Efforts to strengthen MSM…

Pilots of crashed Navy training aircraft buried in Sidoarjo

Two Indonesian Navy (TNI-AL) pilots who died after their Bonanza G-36 training aircraft crashed in Madura Strait on September 7, 2022, were buried at a naval cemetery in Sidoarjo, East Java, on Friday.The two pilots were identified as Captain Yudhistir…