Credit ratings agency Fitch Ratings has reaffirmed Indonesia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’ with a Stable Outlook. In its report, Fitch stated that Indonesia’s stable rating was driven by good medium-term growth prospects and a low debt to Gross Domestic Product (GDP) ratio compared to that of peer countries in the BBB […]
Minister of Home Affairs Muhammad Tito Karnavian has called on 548 regional heads to immediately realize the use of the Regional Budget (APBD) to boost regional economies affected by the COVID-19 pandemic. According to the Minister, this is in accordance with Presidential Instruction Number 6 of 2020 on Increasing Discipline and Law Enforcement of Health […]
President Joko “Jokowi” Widodo reminded the members of Indonesian Scouts Movement (Pramuka) to promote the values of discipline and caring, as well as to master science and technology in the time of COVID-19 pandemic. The President made the statement during commemoration of the 56th anniversary of the Indonesian Scouts Movement (Pramuka) at the State Palace, […]
The Government has announced plan to provide Rp 2.4 million for 12 million Micro, Small and Medium Enterprises (MSMEs) across the country, Minister of Cooperatives and Small and Medium Enterprises Teten Masduki has said. The Minister made the statement after attending Limited Cabinet Meeting, at the Presidential Office, Jakarta, Wednesday (12/8). “We have allocated Rp […]
Both health issue and economic issue are equally important amid the COVID-19 pandemic, according to President Joko “Jokowi” Widodo. “I repeatedly remind mayors, regents, and governors to carefully manage health and economic issues with good accuracy,” President Jokowi said in his direction on the Acceleration of COVID-19 Pandemic Handling, Tuesday (11/8), at the Military Area […]
Head of the Presidential Secretariat Heru Budi Hartono on Monday (10/8) officially launched “Pandang Istana”, an official website for registration of virtual participation of ceremony to commemorate the 75th Independence of the Republic of Indonesia. “Unlike in the previous years, this year we invite the public to attend the 75th Indonesian Independence Day ceremony virtually,” […]
The Government has announced it is stepping up efforts to tackle the pandemic by tackling both health and economy aspects simultaneously, Chief of the Working Committee for COVID-19 and National Economic Recovery (KPCPEN) Erick Thohir has said. “What the Government is doing now is handling both health and economic aspects,” Erick said during a discussion […]
In a bid to accelerate the Covid-19 handling, President Joko “Jokowi” Widodo highlighted the importance of continual implementation of locally based intervention strategies. “Large-scale social restrictions at the village level, I think Covid-19 handling in this small scope will make it easier for us to solve problems in the field. So that it does not […]
President Joko “Jokowi” Widodo on Tuesday (11/8) began his West Java working visit. The Indonesian Presidential Aircraft-1 that carried the President and his entourage arrived at Husein Sastranegara Air Force Base in the provincial capital of Bandung. During the working visit time, the President is scheduled to visit COVID-19 Mitigation and Control Post at the […]
Wage subsidy program provided by the Government to workers is considered as an additional value for members of BP Jamsostek social security program, previously known as BPJS Ketenagakerjaan (Workers Social Security Provider Body) besides protection in workplace including injury and death, as well as retirement benefits. Director of the BPJS Ketenagakerjaan Agus Susanto said that […]
