The Bangko Sentral ng Pilipinas (BSP) will provide regulatory relief to banks hit by the 2019 coronavirus disease (COVID-19) and the outbreaks of African swine fever (ASF). The central bank stated in a statement Tuesday that it extended the coverage of Circular 1071, which provides the framework for the granting of regulatory aid to banks and quasi-banks. The circular was …

The Minister of Finance, Sri Mulyani, responded to the lifting of Indonesia from the list of developing countries by the United States (US) by saying that it did not have to cause excessive fear, but instead had to boost Indonesia’s competitiveness. “Indonesia has so far been included as a middle-ranked country, so indeed it must continue to increase competitiveness,” she …

Feeling to be a sacrifice for the Jiwasraya mega corruption case, Benny’s camp began the counterattack of Jiwasraya President Director Hexana Trisasongko. Previously, Benny Tjokro only spilled what happened by mail, but this time Benny had reported it to the Jakarta Metropolitan Police. Muchtar Arifin, as Benny Tjokro’s lawyer said, his client reported the President Director of Jiwasraya for alleged …

KUALA LUMPUR – On Monday, the Prime Minister’s Office announced that Dr Mahathir had sent his resignation letter to Agong. This was accepted by the king, but was assigned the position of Interim PM while waiting for the appointment of the new Prime Minister in line with Article 43(2)(a) of the Federal Constitution. Chief Secretary to the Government Tan Sri …

The Coordinating Minister for Politics, Law and Security (Menko Polhukam) Mahfud MD discusses the issue of money politics that often undermines the Republic of Indonesia’s constitutional system. Money politics practices still occur in the Regional Head Election (Pilkada). That was conveyed by Mahfud when he was a speaker at the Workshop of the Association of Indonesian Regional Representatives Council (ADKSI), …

Reality was exposed by The National Narcotics Agency (BNN) on Monday regarding four houses in Bandung City, West Java that produced some four million carisoprodol-containing pills. Previously, the houses were raided by the agency’s personnel and local policemen on Sunday. “This is a violation of the law. Several substances used for producing these illicit drugs are actually for pharmaceutical drugs …

The emergency presidential meeting set today, Feb 24 will be held instead on Tuesday, Feb 25 as confirmed by reports. The details of the Pakatan Harapan assembly is yet to be confirmed. However, meeting between the coalition partners – PKR, DAP and Parti Amanah Negara – was set to settle the political developments after Parti Pribumi Bersatu Malaysia quit the …

Supporters of Parti Keadilan Rakyat (PKR) president Datuk Seri Anwar Ibrahim gathered on Sunday night at his residence to attend prayers on the new political landscape. Both Muslims and non-Muslims, supporters attend prayer rally at Anwar’s residence party that began at 5pm. As posted on the social media page of PKR, “They plan, God also plans. And verily God is …

The choice of place to become the second quarantine center in Indonesia has been determined. The Coordinating Minister for Human Development and Culture, Muhadjir Effendy choosed Sebaru Island located in the Thousand Islands (Kepulauan Seribu) to be able to accommodate 188 Indonesian crew members who will soon be evacuated from the World Dream cruise ship. It is reported that the …

PETALING JAYA – Datuk Seri Anwar Ibrahim claimed Tun Dr Mahathir Mohamad denied involvement and was disappointed by the current political turmoil. Anwar said that Dr Mahathir told him that he neither approved of the attempt or planned to join to form a new government without PKR, DAP and Amanah. “He said and reiterated to me what he had said …