The Government on Friday (16/11) launched the 16th Economic Policy Package that includes a policy to open designated bank account for export earnings (DHE). Bank Indonesia and the Financial Services Authority (OJK) will issue a designated bank accounts to put the DHE in and ease the supervision of DHE, Coordinating Minister for the Economy Darmin […]

Governor of Bank Indonesia Perry Warjiyo said that the announcement of the 16th Economic Policy Package (PKE) is a manifestation of concrete cooperative measures taken by the Government, the Financial Services Authority (OJK) and related institutions in order to improve economic security, to maintain macroeconomic stability as well as financial system, and also to encourage […]

Coordinating Minister for the Economy Darmin Nasution asserted that the 16th Economic Policy Package comprises three main points: an expansion of the tax holiday program, relaxation of the negative investment list (DNI), and the provision of foreign exchange of export earnings from natural resources. “In fact, there were two categories that have never defined as […]

Minister of Industry Airlangga Hartarto asserted that tax holiday in the 16th economic package expands two more sectors: the processing industry based on agriculture, plantations, or forestry and the digital economy. “Meanwhile, there are also categories that are merged into certain sectors in Finance Ministerial Regulation (PMK) Number 35 of 2018, namely computer and smartphone […]

The time capsule that stores seven dreams of Indonesian children to support the “Let’s Work National Movement” initiated by President Joko “Jokowi” Widodo three years ago at Zero Kilometer in Sabang, Aceh Province has now been erected as a  Time Capsule Monument in Merauke, Papua province. “This is a call to all elements of the […]

During a working visit to Papua Province, President Joko “Jokowi” Widodo is slated to inaugurate the Time Capsule Monument in Merauke Regency on Friday (16/11). President Jokowi, accompanied by First Lady Ibu Iriana Joko Widodo, is scheduled to witness 36 children lay a time capsule into the shell.

President Joko “Jokowi” Widodo inaugurated the Time Capsule Monument – which contained seven dreams of the nation’s children from 34 provinces – on the eastern tip of Indonesia, Merauke, Papua Province, Friday (16/11). “So, later in 2085, it will be opened by our successors. Can we make those seven big dreams come true? So, this […]

The Indonesian Government has since 2015 built 7 cross-border posts – known as PLBN –  to improve people’s welfare and boost local economic activities in the border areas. Those 7 border posts are located in several border points, namely Entikong border post, Badau border post and Aruk border post in West Kalimantan province; Motaain border […]

After performing Friday Prayer at the Al-Aqsa Mosque in Merauke Regency, Papua Province, on Friday (16/11), President Joko “Jokowi” Widodo reminded all elements of society to continue to maintain the unity of Indonesia. “On this good occasion, I urge the people to maintain our brotherhood, our ukhuwah islamiah (Islamic brotherhood), our ukhuwah wathaniyah (brotherhood of […]

During his working visit to Papua province on Friday (16/11), President Joko “Jokowi” Widodo inspected the Trans Papua construction road sections in the kilometer 23 section of Merauke-Sota road in Merauke Regency. “The Trans Papua Road—starting from Merauke to Sota and Boven Digoel—has a total length of 422 kilometers. The Merauke to Sota sections that […]