President Joko Jokowi Widodo was quite impressed with reports from Financial Services Authority (OJK) Chairman Wimboh Santoso that capital adequacy ratio (CAR) of Indonesias national banks reaches 23.36 percent. It is such a high figure. To my knowledge, CAR in developed countries only reaches 12 to 15 percent, while Indonesias reaches 23.36 percent as the […]
President Joko Jokowi Widodo reminded chiefs of national banks about the importance of taking risks. According to the President, the biggest and most dangerous risk is not having the courage to take risks. President Jokowi also mentioned the report from Chairman of Financial Services Authority (OJK) Wimboh Santoso saying that the growth of banking credit […]
In a bid to resolve issues concerning tourism development, the Government deemed it necessary to amend Presidential Regulation Number 64 of 2014 on Cross-Sectoral Strategic Coordination on Tourism Implementation as amended by Presidential Regulation Number 40 of 2017 on the Amendment to Presidential Regulation Number 64 of 2014. Based on the consideration, President Joko Jokowi […]
President Joko Jokowi Widodo accompanied by Presidential Chief of Staff Moeldoko, Chairman of the Indonesian Ulema Council (MUI), and businessman Dato Tahir, launched An Nawawi Tanara Micro Waqf Bank, at An Nawawi Tanara Islamic Boarding School, Serang, Banten Province, on Wednesday (14/3). Besides observing the activities of the Micro Waqf Bank, President Jokowi also met […]
Despite todays deadline, President Joko Jokowi Widodo has ensured that he will not sign the Revision of the Law Number 17 of 2014 on the Peoples Consultative Assembly (MPR), the House of Representatives (DPR), the Regional House of Representatives (DPRD), and the Regional Representative Council (DPD), known as the MD3 Law. I aware, I understand, I […]
President Joko Jokowi Widodo on Tuesday (13/3) at the Merdeka Palace, Jakarta, met with Speaker of the Senate of the Republic of Kazakhstan, Kassym Jomart Tokayev and his delegation who invited the President to visit Kazakhstan capital Astana in October. This year we will commemorate 25 years of diplomatic relation between Indonesia and Kazakhstan. Tokayev […]
Minister of Finance Sri Mulyani Indrawati expressed her appreciation to the Taxpayers who have contributed greatly to Directorate General of Taxes (DJP) target revenue in 2017, and obeyed tax regulations. “I would like to thank, congratulate, and appreciate all taxpayers who are invited today to get the award from Directorate General of Taxes, in this […]
In a light of potentials that Power Bank or lithium portable battery backup could explode and cause fire, Director General of Civil Aviation of the Ministry of Transportation Agus Santoso on 9 March 2018 signed Circular Number: SE.015 of 2018 on the Provisions in Carrying Portable Battery Charger (Power Bank) and Lithium Portable Battery Backup […]
The Government, in this case Minister of Religious Affairs Lukman Hakim Saifuddin- and Commission VIII of the House of Representatives (DPR) have agreed on the 2018M/1439H hajj cost (BPIH) amounting to Rp35,235,602 or increased by the amount of 0.9% from last years average of BPIH at Rp34.89 million. There is a rise of Rp345,290 or […]
As part of their three-day visit to Indonesia, the delegation of 41 US-based companies grouped under the US-ASEAN Business Council on Tuesday (13/3) at the Presidential Palace, Jakarta met with President Joko Jokowi Widodo to discuss several issues, including the companies experience on industries in the US and changes in Indonesia in recent years. During […]
