Gov’t readies Rp283 trillion for MSME business credit program
Garut, West Java (ANTARA) – Coordinating Minister for Economic Affairs Airlangga Hartarto said the government has prepared Rp283 trillion (US$19.6 billion) for the people’s business credit (KUR) program for developing micro, small, and medium enterprises (MSMEs). “The KUR is provided by the government with 3…
G20 agrees to set up global pandemic preparedness fund
LONDON, April 21 (Reuters) – G20 countries have provisionally agreed to set up a global fund for pandemic preparedness, likely to be housed at the World Bank. The US and Indonesia have been pushing for the establishment of such a fund to help the world…
Rp467.3 trillion allocated for 2023 national priority programs
Jakarta (ANTARA) – The National Development Planning (PPN) Ministry reported that Rp467.3 trillion (US$32.4 billion) has been allocated for the 2023 ministry/institutional (K/L) expenditure to complete national priority programs so no development project will be neglected. The amount will also be spent to support the…
B20 Indonesia adopts economic, digitalization and sustainable finance agenda for global business leaders
WASHINGTON, April 21, 2022 /PRNewswire/ — Business leaders in Indonesia will promote an agenda of global economic and trade collaboration, finance mechanisms to transition the world to clean energy, and investments in digitalization, in its role as chair of the B20 dialogue during 2022. The…
Indonesia imports, exports hit all-time high in March
JAKARTA – Indonesian imports and exports reached a new peak in March on surging global commodity prices fueled by a post-pandemic global economic recovery and the Ukraine war. Statistics Indonesia (BPS) said on Monday that exports rose 44.36 percent year-on-year (you) to US$26.50 billion, the…
Indonesia Delays Carbon Tax Amid Rising Inflation
Jakarta – The government’s decision to delay carbon tax implementation by three months has come as a relief to Indonesia’s economy, which already had to cope with rising fuel, cooking oil, and soybean prices as well as a value-added tax rate that increased by one percentage point this month. …
G20 encourages development of framework for financial transition
Jakarta – The second Sustainable Finance Working Group (SFWG) meeting under the G20 Indonesia Presidency encouraged the development of a framework for financial transition and to increase the credibility of financial institution commitments. “This includes transitional frameworks, case studies, and commitments of financial institutions, which…
Gov’t to disburse Rp300,000 in cooking oil cash assistance
Jakarta (ANTARA) – The government will provide a total of Rp300 thousand in cash assistance to 20.5 million families and 2.5 million street vendors to help ease their burden due to the increase in cooking oil prices. “We will provide assistance of Rp100 thousand each…
GoTo Secures OJK Approval for $1.1b IPO
Jakarta – The largest digital ecosystem company in Indonesia, GoTo Gojek Tokopedia, has secured a greenlight from the Financial Services Authority, or OJK, for its $1.1 billion share offering on the country’s stock exchange tomorrow, the company said in a statement on Thursday. GoTo will offer 46.7 billion Series A…
The 20 Fastest Growing Jobs in the Next Decade
JAKARTA -The employment landscape is constantly shifting. While agricultural jobs played a big role in the 19th century, a large portion of U.S. jobs today are in administration, sales, or transportation. So how can job seekers identify the fastest growing jobs of the future? The U.S. Bureau…