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BI rate hikes draw foreign inflows, support rupiah

Jakarta, May 20 -- Bank Indonesia Governor Perry Warjiyo said higher yields on central bank rupiah securities helped reverse capital outflows, attracting foreign inflows and supporting the rupiah amid... Read More


Prabowo presses for lower loan interest rates for low-income groups

Jakarta, May 20 -- Indonesian President Prabowo Subianto on Wednesday ordered state-owned banks to lower lending rates for low-income borrowers, saying poorer Indonesians currently pay higher interest... Read More


Minister emphasizes literacy to shield students from online gambling

Surabaya, East Java, May 20 -- Primary and Secondary Education Minister Abdul Mu'ti emphasized the importance of strengthening literacy on the dangers of online gambling in schools, following findings... Read More


Establishment of DSI to have positive impact on stock exchange: govt

Jakarta, May 20 -- Finance Minister Purbaya Yudhi Sadewa believes that the establishment of PT Danantara Sumber Daya Indonesia (DSI) as a state-owned enterprise (SOE) specifically for natural resource... Read More


ASEAN digital pact could lift Indonesia's economy to $600B: Airlangga

Jakarta, May 20 -- Indonesia's digital economy could expand to US$600 billion through the ASEAN Digital Economy Framework Agreement (DEFA), Coordinating Economic Minister Airlangga Hartarto said on We... Read More


Indonesia seeks safety of citizens held by Israel

Jakarta, May 20 -- Indonesia is intensifying communication with Jordan, Turkey, and Egypt to help ensure the safety of nine Indonesians detained by Israeli forces while participating in the Gaza-bound... Read More


President Prabowo urges public to record, report problematic officials

Jakarta, May 20 -- President Prabowo Subianto has urged Indonesian citizens to record videos using their mobile phones and report directly to him if they encounter any problematic actions done by gove... Read More


Prabowo targets US$150 Billion from export reform

Jakarta, May 20 -- President Prabowo Subianto stressed the government's efforts to eradicate illegal mining and plantation practices, as well as fraud, which may secure Indonesia US$150 billion a year... Read More


Converting to solar power plants can save up to US$4.18 billion: govt

Jakarta, May 20 -- The Energy and Mineral Resources (ESDM) Ministry estimated that converting fossil fuel-based power plants, such as gas and diesel, to solar power plants has the potential to reduce ... Read More


Prabowo warns of customs leadership shake-up over performance

Jakarta, May 20 -- Indonesian President Prabowo Subianto on Wednesday ordered Finance Minister Purbaya Yudhi Sadewa to replace customs leadership if officials fail to improve performance and accelerat... Read More