Indonesia’s economic growth rate is estimated not to exceed 5.3 percent by the end of this year, according to Minister of National Development Planning (PPN)/Head of National Development Planning Agency (Bappenas) Bambang Brodjonegoro. The cause, he added, are among others complex regulations and ‘institutional factors’.

President Joko “Jokowi” Widodo on 18 June, 2019 signed Government Regulation (PP) Number 43 of 2019 on General Policy for National Export Financing. The Regulation aims to support national economy through foreign trade sector and increase national exports. The Regulation states that General Policy for National Export Financing aims to: a. create good business climate […]

Ministry of Home Affairs, Ministry of State Secretariat and the Creative Economy Agency (Bekraf) host Cinta Negeri Gate Festival to enliven the 74th Anniversary of Independence of the Republic of Indonesia. “The festival is held to celebrate the 74th Anniversary of Independence of the Republic of Indonesia and to create a movement that spread value […]

Minister of Law and Human Rights Yasonna H. Laoly ensured that the Government pays scrupulous attention to the case of Baiq Nuril, a non-tenure female teacher at SMAN 7 Mataram senior high school, West Nusa Tenggara, who was sentenced to six months in prison and a fine of Rp500 million for recording a lewd phone […]

In a bid to boost export through the National Export Financing Including the Special Assignments scheme, the Government has provided Rp2.5 trillion in capital injection to the Indonesia Export Financing Institution (LPEI) or Indonesia Eximbank. The decision was formalized through the issuance of Government Regulation Number 44 of 2019 on Additional State Capital Injection of […]

President Joko ‘Jokowi’ Widodo has once again reminded his Cabinet to immediately resolve matters related to investment. “In reality, we still face problems (related to investment),” the President said in his remarks during the Plenary Cabinet Meeting at Bogor Presidential Palace in Bogor, West Java Monday (8/7).

President Joko “Jokowi” Widodo has reminded his Cabinet to take great cautions in making decisions, particularly on import and export Data from the Central Statistics Agency (BPS) shows that Indonesia’s export from January to May 2019 dropped by 8.6%, while import has also dropped 9.2%.

In a bid to boost export through Port of Tanjung Priok in North Jakarta, the Government has decided to add its operational days from four to five days a week into every day. “The port authority, harbormasters, the customs office, the immigration office, port operators, banks, and other facilities will provide optimal service for 24 […]

The first flight group of pilgrims from Surabaya Embarkation point has arrived safely at Amir Muhammad bin Abdul Aziz International Airport, Medina, Saturday (6/7) at around 09.00 a.m. (local time). Their arrival was welcomed by the Indonesian Ambassador to Saudi Arabia Agus Maftuh and Hajj Executive Committee (PPIH) officers. “Don’t hesitate to ask for help […]

President Joko “Jokowi” Widodo on 18 June, 2019 signed Government Regulation (PP) Number 42 of 2019 on Repeal of Government Regulation Number 46 of 1995 on Procedures for Proceedings in Capital Market Sector. The Regulation aims to provide legal certainty, with the consideration that the Financial Services Authority (OJK) has stipulated regulations on capital market […]