The Government has announced the issuance of Government Regulation Number 73 of 2020 (PP 73/2020) on the Initial Capital of Investment Management Institutions and Government Regulation Number 74 of 2020 (PP 74/2020) on Investment Management Institutions as implementing regulations for the Job Creation Law. According to Coordinating Minister for Economic Affairs Airlangga Hartarto, the regulations […]

Minister of Villages, Disadvantaged Regions, and Transmigration Abdul Halim Iskandar has urged all village heads to immediately accelerate the use of the remaining Village Funds until the end of December this year . “As of 15 December, 98% of the 2020 State Budget ceiling has been used amounting to Rp71.190 trillion,” Abdul Halim said in […]

Despite the pandemic, the target on Sustainable Development Goals (SDGs) must not be lowered, President Joko “Jokowi” Widodo has said. “This challenge should not dampen our enthusiasm and should not lower our SDGs target. We’ve to find new ways, we’ve to find new breakthroughs so that we can take a leap in achieving the SDGs […]

  The Indonesian Government issued Government Regulation Number 74 of 2020 on Investment Management Institution. The regulation was signed by President Joko “Jokowi” Widodo on 14 December 2020. The Investment Management Institution (LPI) referred to in the regulation means an institution that is given special authority (sui generis) pertaining to managing Central Government Investment as […]

  Cabinet Secretariat has implemented strict health protocols to all guests visiting the office to prevent and reduce the COVID-19 transmission around the office premises, according to Deputy Cabinet Secretary for Administrative Affairs Farid Utomo. “Every guest who will visit Cabinet Secretariat office is required to present a non-reactive COVID-19 rapid test result or a […]

Indonesia’s monthly trade balance has once again recorded a surplus in November, reaching USD2.61 billion, Minister of Trade Agus Suparmanto has said. According to Agus, this achievement continues the trend of trade balance surplus that has been recorded since May this year. “Although the surplus has decreased compared to that of October at USD3.58 billion, […]

The Commemoration of the 2020 International Anti-Corruption Day (Harkodia) is expected to raise awareness and determination from all elements of the nation so that corruption will not be considered as a culture but rather as a latent danger that can hinder the realization of the country’s purposes, Chairman of the Corruption Eradication Commission (KPK) Firli […]

As of 14 December 2020, the total disbursement of wage subsidy assistance (BSU) for workers from Batch 1 and Batch 2 has reached 93.34 percent of the total targeted beneficiaries or Rp 27.96 trillion. “We inform you that wage subsidy disbursement has entered the second batch. Based on the data as of 14 December, the […]