In a bid to tackle economic uncertainties, President Joko “Jokowi” Widodo has called for improvement of various fundamental sectors. “We need to consistently improve the fundamentals, including infrastructure. Because that is where we can improve our foundation in the medium and long term. Because it concerns future competitiveness. We would not be able to compete […]

Amidst the global situation with full of uncertainty, Indonesia recorded relatively firm economic recovery based on several indicators including realization of state revenue, increase in tax revenue, Consumer Confidence Index, and Purchasing Managers’ Index (PMI). The statement was made by President Joko “Jokowi” Widodo while delivering remarks at the 2023 United Overseas Bank (UOB) Economic […]

President Joko “Jokowi” Widodo Wednesday (09/28) expressed his appreciation for the empowerment and development of micro, small, and medium enterprises (MSMEs) in North Maluku province. “They empower and develop MSMEs in the province very professionally. I saw the quality of the products is good, the packaging and the logo on it are also good,” the […]

President Joko “Jokowi” Widodo has ordered North Maluku province to continue maintaining its economic growth. This province’s economic growth was recorded to be above national growth of at percent. “I checked Ternate’s economic growth is above 7 [percent], while national growth is only 5.2 [percent]. The conducive condition of each regency, city, and the province […]

President Joko “Jokowi” Widodo told the public that the price of copra depends on international market. “Copra is one of commodities in which the price is determined by international [market]. The Government hardly intervene in the fluctuation of the price of one commodity, for instance CPO [crude palm oil]. When the price was plummeted, it […]

President Joko “Jokowi” Widodo Wednesday (09/28) visited the Jailolo Post Office, West Halmahera regency, North Maluku province. On that occasion, the President handed over several social assistance to the beneficiaries, including presidential assistance (Banpres) worth Rp1.2 million, direct cash assistance for fuel oil (BLT BBM) amounting to Rp300 thousand for September and October period, and […]

After doing a series of activities in Ternate city, North Maluku province, President Joko “Jokowi” Widodo, Wednesday (09/28), continued his visit to West Halmahera regency. The President took off from Sultan Babullah Airport Ternate  using the Indonesian National Air Force’s Super Puma helicopter. After a 20-minute flight, the President arrived at the Sasadulamo Ceremony Square […]

President Joko “Jokowi” Widodo visited Berkesan Fish Market, in Ternate city, North Maluku province, on Wednesday (09/28). In the visit, President Jokowi greeted the people and handed over  social assistances and staple food to the sellers. As President Jokowi arrived at Berkesan Fish Market at about 07.54 Central Indonesian Time, President was warmly welcomed by […]

President Joko “Jokowi” Widodo distributed wage subsidy to beneficiaries at Ternate Vocational and Productivity Training Center, Ternate City, North Maluku, Wednesday (09/28). He said that the distribution of wage subsidy will be speeded up particularly in regions far from the capital city of Jakarta. “I will also monitor the distribution of the subsidy. Of course, […]

Indonesian central bank Bank Indonesia (BI) and Bank Negara Malaysia have agreed to renew the local currency bilateral swap arrangement (LCBSA) of up to RM8 billion or Rp28 trillion on September 23, 2022. The LCBSA renewal is expected to strengthen financial cooperation between the two central banks. “Bank Indonesia believes that the LCBSA renewal will […]