Economy

Earlier, the Supreme Court’s ruling has revoked the Presidential Regulation No. 79/2010 on the hike of the Health Social Security (BPJS Kesehatan) premium for the independent class category. According to this, the Indonesian Consumers Foundation (YLKI) chairman Tulus Abadi gives the response for the BPJS case continuation. Tulus highlighted the regulation that will apply after the Supreme Court’s ruling. He …

As many 12 state-owned companies were asked to repurchase (buyback) shares of companies circulating in the public. This is in accordance with instructions from SOE Minister Erick Thohir following the drop in stock trading, which is reflected in the Composite Stock Price Index (CSPI). According to Erick Thohir through his Special Staff Arya Sinulingga explained, the stock index fell 6.58 …

Economist at the Institute for Development of Economics and Finance (INDEF), Bhima Yudhistira considered the government to be late again in dealing with stock availability and price stability of garlic. According to Bhima, the government was less alert in arresting unscrupulous garlic hoarders. Bhima assessed this scarcity occurred since January which means that before the corona virus outbreak spread. The …

All national banks are asked to reduce their lending rates to reduce the impact of the spread of the corona virus or Covid-19. This was confirmed by the Coordinating Minister for Economic Affairs Airlangga Hartarto in Jakarta on Thursday (5/3). According to Airlangga, the government has held joint meetings with Bank Indonesia, the Financial Services Authority (OJK) and banking companies …

The Coordinating Minister for Economic Affairs, Airlangga Hartarto, said that the government plans to provide a tariff cut of 500 raw material importers. This was done in order to boost the performance of the industry which was hit by the corona virus (Covid-19). Airlangga said on Tuesday (3/3) night, this was still in the process of coordination with other technical …

Chinese and Japanese investors will compete to enter Indonesia in the future. This was conveyed by the Investment Committee Member for the Communication and Information Sector of the Investment Coordinating Board (BKPM) Rizal Calvary Marimbo, in Jakarta, Monday, (2/3). Rizal explained, Japan as one of the leading investors in Indonesia. For that, it is not easy to defend. Especially at …

The public is advised to not purchase large amounts of products or panic buying due to fear in the wake of first Covid-19 or coronavirus confirmed cases in Indonesia,two positive women in Depok, East Java, on Monday, March 2. This was stated by the Association of Indonesian Retailers (Aprindo) Head Roy Mandey. “Such excessive acts will create new unnecessary panic …

The Saudi Arabian government decided to temporarily suspend the arrival of Umrah pilgrims from outside his country. This was revealed by the Foreign Ministry of Saudi Arabia on Thursday local time. The temporary suspension decision is an attempt by the Saudi Arabian government to prevent the spread of the corona virus. The suspension was based on the recommendation of the …

The Saudi Arabian government suspended the arrival of pilgrims from all countries, including Indonesia. This has done to prevent the spread of the corona virus in the fifth largest country in Asia. This decision was announced by the Ministry of Foreign Affairs of Saudi Arabia, Thursday (02/27/2020) local time on the recommendation of the Saudi Ministry of Health. The Chairperson …

CT Corps Chairman Chairul Tanjung talked about global and domestic economic conditions at the CNBC Indonesia Economic Outlook 2020. According to him, one thing to watch out for at home is the scandal and the Jiwasraya case. “Now we have a new virus in the country called Jiwasraya virus,” Chairul Tanjung, who is commonly called CT, said in his speech …