The Central Statistics Agency (BPS) reported cumulatively, the value of Indonesia’s exports from January to June 2018 reached 88.02 billion USD, an increase of 10.03 percent in the same period in 2017. Meanwhile, non-oil exports reached 79.38 billion USD or an increase of 9.66 percent. “Non-oil and gas exports of processing industry products from January […]

President Joko “Jokowi” Widodo responded to the comments made by some parties who considered that the divestment of 51 percent of PT Freeport Indonesia’s shares to the Government of Indonesia through state-owned mining holding company PT Indonesia Asahan Alumunium (Inalum) has not been binding. The President went on to explain that first process must be […]

President Joko “Jokowi” Widodo on Sunday (15/7) asserted that Gede Traditional Market, located in Klaten, must undergo a total renovation. In fact, the renovation should be done couple of years ago. “Together, we have planned it to be renovated. That means Ministry of Trade, works with and uses the Regional Budget (APBD) of Klaten Regency […]

Concluding his visits in Palembang, South Sumatra, President Joko “Jokowi” Widodo inaugurated five sports venues at the Jakabaring Sport City, on Saturday (14/7). The President confirmed that the venues to be used for the 18th Asian Games from 18 August to 2 September 2018 are now complete. The President came to the Jakabaring Rowing & […]

President Joko “Jokowi” Widodo has set the target to Minister of Youth and Sports Imam Nahrawi for Indonesian athletes to reach the Top 10 at the 18th Asian Games 2018, which is slated to start in mid-August. “I target Minister of Youth and Sports to reach at least the Top 10, given in the previous […]

Cooperatives in Indonesia should learn from the best cooperatives in the world so one day national cooperatives can rank the 100 or 300 global top cooperatives. The statement was enunciated by President Joko “Jokowi” Widodo in a remarks during the peak commemoration of 71st National Cooperatives Day 2018 and Dissemination of Final Income Tax (PPh) […]

President Joko “Jokowi” Widodo announced that based on a report he had received, State-owned Mining Holding Company Inalum has reached an agreement with Freeport to increase ownership from 9.36 percent to 51 percent. “Thank God, Alhamdulillah. The Government has been negotiating the ownership of PT Freeport Indonesia for 3.5 years; since 50 years ago, Indonesia’s […]

In a bid to improve capital structure and business capacity, and in order to continue supporting national strategic projects, the Government deems it necessary to add state equity participation to the shares of State-owned Railway Company PT Kereta Api Indonesia (KAI). In that consideration, President Joko “Jokowi” Widodo on 2 July 2018 signed Government Regulation […]

Clear sky that is free from air pollution is necessary to observe stars, planets, and other sky objects. In that consideration, the National Institute of Aeronautics and Space (Lapan) choose Amfoang, area located on the slopes of Mount Timao, Amfoang Tengah Subdistrict, Kupang Regency, East Nusa Tenggara (NTT) as the location of the national observatory. […]

Minister of Finance Sri Mulyani Indrawati said that President Joko “Jokowi” Widodo has decided not to revise the 2018 State Budget, as there was no major deviation in terms of state revenues and expenditures. This was enunciated by the President in a Limited Meeting on the Realization and Prognosis of 2018 State Budget Implementation at […]