The Investment Vigilance Task Force has announced that as of April 2021 it has found 86 illegal peer-to-peer financial technology (fintech) lending platforms and 26 unlicensed business activities. Activities carried out by those twenty six illegal investment entities include money game activities from eleven investment entities, unlicensed cryptocurrency investments from three investment entities, one […]

In a bid to boost national economic recovery, the Government has made several changes in the regulation on Smallholder Business Credit (KUR) that serves as the primary financial driving force for Micro, Small, and Medium Enterprises (MSMEs) amid the passivity of other credit distribution schemes. “The Government has made several changes in KUR regulation, one […]

In a bid to further develop halal tourism, the Indonesian Government has announced its commitment to improving public literacy on sharia economy, including the importance of developing halal tourism. “Sharia economy is something good, it is just, it brings goodness from various sectors,” Vice President Ma’ruf Amin said in Jakarta, Thursday (06/05). Halal tourism development […]

Minister of Religious Affairs Yaqut Cholil Qoumas has issued Circular Number 07 of 2021 on Guidelines for Organizing the 1442 Hijri/2021 AD Eid al-Fitr Prayer during COVID-19 Pandemic. “The guidelines aim to provide a sense of security to Muslims in organizing Eid prayers and prevent the spread of COVID-19 across the country. The Circular covers […]

In a bid to support national economic recovery amid COVID-19 pandemic, Minister of Home Affairs Muhammad Tito Karnavian Tuesday (04/05/2021) urged regional governments to speed up the realization of this year’s regional budgets (APBD) by providing crash programs. Tito also urged regional governments to work together to boost the APBD realization in the second quarter. […]

  Ministry of Public Works and Public Housing (PUPR) and the Toll Road Business Entity (BUJT) continue to complete new toll roads, one of which is the 34-kilometer Cibitung – Cilincing Toll Road, which is included in the National Strategic Projects (PSN). This toll road consists of four sections with the overall construction progress having […]

Indonesia’s fishery products can still offer promising business opportunities for the global market, President Joko “Jokowi” Widodo has said. The President made the statement after inspecting PT Bumi Menara Internusa (BMI), a seafood processing factory that has exported its products to several countries, in Lamongan Regency, East Java, Thurday (6/5). “The production processes as we […]

  The Government’s policy to ban transportation modes to facilitate mudik activities (annual exodus during Eid al-Fitr period) comes into force from Thursday (06/05) to Tuesday (17/05). “During the implementation of mudik ban policy, all transportation modes will be prohibited to facilitate mudik activities,” the spokesperson of Ministry of Transportation Adita Irawati said in Jakarta, […]

President Joko “Jokowi” Widodo Thursday (06/05) inaugurated Waste-to-Energy Plant of Benowo Landfill in the East Java capital of Surabaya. In his opening remarks, the President expressed appreciation for the work performance of Surabaya city government that has enabled the waste-to-energy plant to operate. “I sincerely appreciate, highly value the waste-to-energy plant. This is a good […]

In the series of working visit to East Java Province, President Joko “Jokowi” Widodo on Thursday (6/5) visited Brondong Fish Trade and Distribution Center, in Lamongan Regency to inspect facilities and to meet with local fishermen. Located at Brondong National Fisheries Port, the Brondong Fish Trade and Distribution Center serves as a facility for fish […]