Amidst the global economic slowdown, President Joko “Jokowi” Widodo has urged banks in Indonesia to continue channeling credits to micro and small businesses (MSEs). “We must give priority to MSEs to reduce economic gap and to boost economic growth,” President Jokowi said at the Opening of the 2019 Indonesia Banking Expo in Jakarta, Wednesday (6/11).

The new Indonesian capital should be “the most livable city on earth”, President Joko “Jokowi” Widodo has said. “I can imagine there will be technology and innovation clusters like what Silicon Valley (in the US) has, world-class education clusters for  best universities, world-class health services clusters and tourism clusters. This is what we have in […]

Amidst the current account deficit faced by Indonesia, President Joko “Jokowi” Widodo criticized the National Public Procurement Agency (LKPP) for importing goods from other countries, especially by using the state budget. “Why do we still import goods? The import uses the state budget too. This is just too much and it needs to stop,” President […]

The Golkar Party is the backbone of the Government, President Joko “Jokowi” Widodo has said. “(If) Golkar Party experiences a slight shock, it will affect the Government,” the President said during the 55th Anniversary of the Golkar Party at the Sultan Hotel, Jakarta, Wednesday (6/11). President Jokowi added that solidity of the Government must be […]

Amidst the global economic slowdown, Indonesia has managed to keep economic growth slightly above 5%, President Joko “Jokowi” Widodo has said. “It is not a lot, slightly above 5%, (but) it is good compared to (economic growth) in other countries. Some (countries) post negative (growth). Some are heading to zero (growth). Some report growths of […]

Indonesia’s economy in third quarter of 2019 grew by 5.02 percent year on year compared to that in the third quarter last year, Statistics Indonesia (BPS) has reported. “The highest economic growth was reported in other services at 10.72 percent, followed by company services at 10.2 percent; health services and social activities at 9.19 percent; […]

President Joko “Jokowi” Widodo on 24 October 2019 signed Presidential Regulation Number 71 of 2019 on Coordinating Ministry for Maritime Affairs and Investment. The Regulation serves as a follow-up to Presidential Decree Number 113/P of 2019 on the Establishment of State Ministries and the Appointment of State Ministers for the period of 2019-2024.

President Joko “Jokowi” Widodo has yet to make a decision on the issuance of the Revision to Government Regulation in Lieu of Law (Perppu) on the Corruption Eradication Commission (KPK), Coordinating Minister for Political, Legal, and Security Affairs Mahfud MD has said. According to Mahfud, the President is still waiting for the judicial review process […]

Chairman of the Regional Comprehensive Economic Partnership (RCEP) Negotiation Committee Iman Pambagyo said that the negotiation agreement of the trade bloc has been concluded by fifteen countries. Nevertheless, India declined to join the trade pact, he added.

Indonesian Workforce and Workforce Participation Rate (TPAK) as of August 2019 grew by 67.49 percent, although it was 0.23 percent higher compared to that in the same period last year, Head of Statistics Indonesia (BPS) Suhariyanto has announced. The improved TPAK, Suhariyanto added, indicates a growing economy in terms of labor supply.