News

President Jokowi: Unemployment Rate Decreased to 5.13%, Gini Ratio to 0.389

Date 16 Agustus 2018

In another part of his speech at the Annual Session of the People’s Consultative Assembly of the Republic Indonesia 2018 on Thursday (8/16), President Joko “Jokowi” Widodo stated that for almost four years, the Government has struggled to recover people’s trust through the real work of developing the country from Sabang to Merauke, from Miangas […]

Pertamina Obliged to Purchase Oil from National Contractors

Date 16 Agustus 2018

The Government ordered Pertamina, a state-owned oil and gas company, to purchase crude oil produced by the national oil and gas Cooperation Contract Contractors (KKKS). This policy is a direct order from President Joko “Jokowi” Widodo during a Limited Cabinet Meeting as part of a program to increase foreign exchange in energy and mineral resources […]

Bank Indonesia to Stabilize Rupiah Exchange Rate

Date 15 Agustus 2018

In a bid to support the Government’s steps to control current account (CAD) deficit by encouraging exports and reducing imports, Indonesia’s central bank Bank Indonesia (BI) will continue to prioritize its monetary policy to strengthen and maintain stability of Rupiah exchange rate. BI Governor Perry Warjiyo said that the central bank, his side would continue […]

Gov’t to Rebuild Schools and Markets in the Wake of Earthquake

Date 14 Agustus 2018

President Joko “Jokowi” Widodo, on the second day of his working visit on Tuesday (14/8), visited a number of evacuation centers for earthquake affected victims in North Lombok Regency. After inspecting Tanjung Hospital and Tanjung Market buildings that were damaged because of the quake-hit, the President and his entourage visited the evacuation center at the […]

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