In the Third Policy Package announced by Coordinating Minister for Economy Darmin Nasution, at the Presidential Office, Jakarta, Wednesday (7/10), the government is also expanding the scope of the distribution People’s Business Credit (KUR), that interest has been lowered from 22 percent to 12 percent per year. In the Third Policy Package, the families that […]
With consideration to improve the national economy in general, and the increased number of tourist visits in particular, Joko Widodo President on September 18, 2015 and, has signed Presidential Regulation No. 104 Year 2015 on Amendment of Presidential Decree No. 69 Year 2015 on the Visits Visa Free. Through regulation, the government increased the number […]
Governor of Bank Indonesia (BI) Agus Martowardojo straighten out the news about his statement concerning the request of the President Joko Widodo (Jokowi) that the Minister of Energy and Mineral Resources and Pertamina review the price of fuel oil (BBM), which according to Agus much misinterpreted by some media as if he did not support […]
The Government plans to announce the Economic Policy Package Phase III on Thursday (8/10). Cabinet Secretary Pramono Anung explained that the economic package is about the anticipation of the Government not only to make the business world friendlier, but also to protect business, like the previous one that was related to Smallholder Business Credit (KUR). […]
President Joko Widodo appreciated Labor Intensive Investments which are conducted by 16 foreign investment (PMA) companies and domestic investment companies (PMDN). These companies will recruit 121,285 labors in a period of 2015-2019. From 16 companies, there will be 26,780 labors to be recruited this year and another 47,000 will be recruited in 2016. I only […]
President Joko Widodo (Jokowi) said that the price of fuel (BBM), especially Premium and Diesel, as well as for electricity tariffs, are still in calculation process. President Jokowi rectifying a number of media reports stated that he requested fuel prices and electricity tariffs lowered. “Yesterday, I did not ask to lower the fuel price, I […]
Even though President Joko Widodo has requested the recalculation, Cabinet Secretary Pramono Anung said that the President will not interfere the issue of fuel oil (BBM), electricity and gas prices changes. According to Pramono, President Joko Widodo wants the Minister of State Owned Enterprises to recalculate the price of fuel oil properly when people needs […]
Kredit Usaha Rakyat (KUR) or Small holder Business Credit, until September 2015, has just been distributed as much as Rp 4.024 trillion from the allocated budget of Rp 30 trillion. Therefore, in accordance with Presidents instruction, the Government is now on searching for the way to make KUR distribution easier. There are several suggestions to […]
To follow-up the instruction of President Joko Widodo in the limited meeting on Thursday (1/10) in order that Ministries/Institutions prepare labor-intensive projects to open many job opportunities, Ministry of Transportation has prepared a number of infrastructure projects which are expected to be able to employ many workers. Ministry of Transportation Ignatius Jonan said the labor-intensive […]
President Joko Widodo said that in five years ahead, the development of defence forces is not only intended to meet the minimum defence forces in national defence, which is called integrated Tri Matra, but also intended to strengthen the identity as a maritime country by developing the Indonesian National Defence Forces (TNI) as a regional […]
