Indonesia’s Investment Coordinating Board (BKPM) reported that the investment realization from Foreign Investment (PMA) and Domestic Investments (PMDN) in the second quarter this year (April- June) reached Rp170.9 trillion or grew by 12.7 percent compared to the same period last year, which was Rp151.6 trillion. The investment realization also provide jobs for 345,000 people, BKPM […]

Reflected on the current condition of global economy, President Joko ‘Jokowi’ Widodo said Indonesia’s economy has not performed well compared to other countries. All countries at the moment suffer from pressure on their economic growth. “In the G-20, our country is among the top three, under India and PRC. We must be grateful for this,” the […]

President Joko “Jokowi” Widodo expressed his gratitude following a report by the Governor of Bank Indonesia (BI), which shows Indonesia’s inflation rate in 2015 stood at 3.35 percent. Then, in 2016 at 3.02 percent, and in the first quarter of 2017 was in the range of 4 percent. The final inflation rate in 2016 was […]

Although Indonesia has the biggest number of sharia financial institutions in the world – which includes 34 sharia banks, 58 sharia insurance companies (also known as Operator Takaful), seven sharia venture capitals or sharia pawnshops and more than 5,000 Sharia Micro Financial Institutions, as well as 23 million costumers of sharia products, the country still […]

Currently, the threats to the sovereignty of our nation and state are turning into a multidimensional one. The threats are no longer in the forms of physical threat, but also ideological, political, economic and socio-cultural. President Joko ‘Jokowi’ Widodo made that statement in his introductory remarks at a limited meeting on the Consolidation of State […]

Coordinating Minister for Political, Legal, and Security Affairs Wiranto said that it needs to be careful in purchasing alutsista (primary weaponry defense system). There are several things that must be taken into account before purchasing them. First, Indonesia’s region is quite large. Thus, the alutsista must be able to be used to maintain security in […]

President Joko “Jokowi” Widodo asserted that the procurement process of primary weaponry system (alutsista) should be started from interaction between Government, that is, Government to Government (G-to-G). The President wanted that the procurement should comply with the principles of transparency and accountability. “Once again, no tolerance for corrupt, mark-up practices, and I reiterated that the […]

President Joko ‘Jokowi’ Widodo (Jokowi), accompanied by a number of ministers of the Working Cabinet, hosted President of the World Bank Jim Yong Kim and his delegates at the Merdeka Palace, Jakarta, Wednesday (26/7). On that occasion, President Jokowi expressed his appreciation for the partnership so has been made so far between the World Bank […]

The Government should realize that Indonesia is still far behind compared to other countries in terms of mass transportation development and services, President Joko ‘Jokowi’ Widodo said during a limited cabinet meeting discussing the development of the High Speed Train Project at the Presidential Office in Jakarta on Tuesday (25/7). Therefore, the President said that […]

After leading Limited Meeting on High Speed Train Progress, President Joko ‘Jokowi’ Widodo accompanied by Vice President Jusuf Kalla continued to lead Limited Meeting on the Development of the Implementation of Poverty Reduction Program at the Presidential Office, Jakarta, Tuesday (25/7) afternoon. In his introductory remarks, President Jokowi asked to maintain the stability of the […]