Following the surge in global commodity prices and the reallocation of fuel subsidy, the Government has announced it allocates Rp24.17 trillion for additional social assistance. “The President has approved Rp24.17 trillion for additional social assistance to be disbursed starting this week. The assistance is expected to ease the people’s burden and reduce poverty,” Minister of […]
Minister of Health Budi Gunadi Sadikin affirmed that the Government aimed to use 60 percent local components in the production of domestic medical devices. “For now, we are still using some foreign components. It is fine, but we cannot do this for too long. We want 50 – 60 percent of medical devices and medicines […]
Vice President Ma’ruf Amin Monday (08/29) headed for Bali province to attend the Supreme Audit Institution (SAI) 20 Summit and inspect venue readiness for the upcoming G20 Summit. Onboard Air Force Boeing 737-400 aircraft, the Vice President and his spouse Ibu Wury Ma’ruf Amin departed for Bali from Halim Perdanakusuma Air Force Base in East […]
Central bank Bank Indonesia (BI) has announced it will link the Quick Response Code Indonesian Standard (QRIS) payment system with a number of ASEAN countries. According to BI Governor Perry Warjiyo, the step is a follow-up to President Joko “Jokowi” Widodo’s directives to connect Indonesia’s payment system to the world, starting from the ASEAN.
President Joko “Jokowi” Widodo officially launched the Domestic Government Credit Card and the International Quick Response Code Indonesian Standard (QRIS) payment systems, Monday (08/29), at the Bank Indonesia, Jakarta. In his remarks, the President expressed appreciation for the launch of the two products as a form of digital economic development in the country. “I appreciate […]
In a bid to accelerate BI-FAST transaction services, central bank Bank Indonesia (BI) on Monday (08/29) added 25 new bank participants to its BI-FAST system. “On August 29, 2022, Bank Indonesia added the fourth phase of 25 new BI-FAST bank participants, consisting of two direct participants and 23 indirect participants,” Governor of Bank Indonesia Perry […]
President Joko “Jokowi” Widodo on Sunday (08/28) inspected Cicaheum Market, Bandung city, West Java province to mark his working visit to the province. At the market, the President accompanied by First Lady Ibu Iriana Joko Widodo, distributed social assistances, namely capital assistance and cash assistance to the beneficiaries including sellers and street vendors. He expressed […]
President Joko “Jokowi” Widodo Sunday (08/28) kicked off the Merah Putih (red and white) parade, which began in front of the Merdeka Palace. The parade was joined by community organizations, university students, and the general public. “I, along with Chief of the Indonesian Police and Habib Luthfi bin Yahya, by saying bismillahirrahmanirrahim, hereby officially kick […]
The Government has announced that it will prepare a number of social assistances and market operations to reduce the impact of the recent spike in global food prices. “The Government has prepared several social assistances to deal with the impact of the global crisis,” said Vice President Ma’ruf Amin after reviewing Islamic student palm-based entrepreneur […]
Vice President Ma’ruf Amin Thursday (08/25) inaugurated the conversion of regional conventional bank Bank Riau Kepri (BRK) to sharia bank BRK Syariah at Dang Merdu BRK Tower in Riau provincial capital Pekanbaru. In his opening remarks, the VP unveiled three strategies to develop BRK Syariah. “To start off the journey of Bank Riau Kepri Syariah, […]
