Minister of Cooperatives and MSMEs Teten Masduki has expressed commitment to continue to strengthen cooperatives as a microcredit alternative for microbusinesses. According to him, it is part of the measures to eradicate loansharking and loans from illegal cooperatives. “We are currently eyeing cooperatives. (They) can be microbusinesses’ partner in financing,” the Minister said, quoted from […]

The Government has announced that it has disbursed the 2021 wage subsidy assistance (BSU) to 2.1 million recipients. “Those who have received the assistance are those who have a bank account at state-owned banks. Next, new bank accounts will be opened for workers who haven’t had an account [at state-owned banks] yet,” Minister of Manpower […]

The Government continues to push for the optimization of the domestic component level (TKDN) in the electricity sector as an effort to substitute imported products. For this reason, Minister of Industry Agus Gumiwang Kartasasmita said that various programs have been prepared, one of which is providing 9,000 free TKDN certificates. “All communities and industries need […]

The regional government of Biak Numfor regency in Papua province through the Integrated Marine and Fisheries Center (SKPT) has successfully made the first export of fishery products to neighboring Singapore. “I’d like to appreciate the effort made by Biak Numfor regional government despite the COVID-19 pandemic. We need to make the most of the fishery […]

The Government has started to take over and control assets from the obligors and debtors of Bank Indonesia Liquidity Assistance (BLBI). As part of the measures, the Government on Friday (27/08) has taken over 49 parcels of land covering a total area of 5,291,200 square meters located in Medan, Pekanbaru, Tangerang and Bogor. “Today we […]

President Joko “Jokowi” Widodo on Saturday (28/8) inspected the national collaborative vaccination drive for students aged 12 to 18 years old targeting around 1,250 recipients held at Cappelen Park, Bogor Botanical Gardens, West Java Province. The vaccination drive was also held simultaneously in other areas with a total of 16,279 recipients, comprising of 14,429 students […]

President Joko “Jokowi” Widodo, on Wednesday (25/8), has said that the number of COVID-19 cases in Indonesia showed a declining trend compared to that time when the cases in the country reached its peak. “Alhamdulillah, thank God, as of 24 August, the number of (COVID-19 daily cases) has declined to 19,000 cases from the previous […]

In a bid to remove dependence on consumption sector, the Government has announced that it will boost economic transformation, from the consumption sector to the production sector, through downstreaming for industrialization. According to President Joko “Jokowi” Widodo, this comes considering that Indonesia’s national economic growth has been dependent on the consumption sector, especially public consumption. “All […]

Amid the COVID-19 pandemic management, the Government continues to control the national economy. A number of national economic indicators show a satisfying figure although striking a balance between health and economic sectors is not an easy challenge to face, according to President Joko “Jokowi” Widodo. “Thank God, from negative 0.7 (percent) in the first quarter […]

Ministry of Transportation, on Friday (27/08), held a soft launch of Yogyakarta International Airport (YIA) Train at YIA Train Station, Kulonprogo, Special Region of Yogyakarta. The airport trains will shorten the travel time from Yogyakarta City to the airport to only 40 minutes. According to Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan, […]