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News Update

Bussiness | Economy

Indonesia's Import Increases in October 2023, Here are the Contributing Commodities

06:53, 16 Nov 2023

The Central Statistics Agency (BPS) recorded that Indonesia's import value in October 2023 reached 18.67 billion US dollars. Pudji Ismartini, Deputy for Distribution and Services Statistics at BPS, stated that this figure increased by 7.68 percent compared to September 2023. "T

Technology Update

Threads Users Can Disable Automatic Sharing to Facebook and IG

20:27, 15 Nov 2023

The latest feature on the Threads app now allows users to avoid automatically sharing posts to Facebook and Instagram. When activated, users can disable this feature, preventing Threads from sharing posts to Instagram or Facebook without the user's permission. As reported by Engadge

Bussiness | Economy

Sandiaga Claims Indonesia Has Earned Rp78 Billion in 3 Days of U-17 World Cup

19:31, 15 Nov 2023

Minister of Tourism and Creative Economy Sandiaga Uno stated that Indonesia has earned up to US$5 million or around Rp78.5 billion (assuming an exchange rate of Rp15,700 per US dollar) in just 3 days after the opening of the U-17 World Cup at Gelora Bung Tomo Stadium, Surabaya, on Friday (10/11).

Bussiness | Economy

Jokowi Brings Home Business Deals Worth Rp400 Trillion from Biden

18:03, 15 Nov 2023

President Jokowi has successfully secured business agreements worth US$25.85 billion or approximately Rp400 trillion (assuming an exchange rate of Rp15,493 per US dollar) after meeting with US President Joe Biden. This information was conveyed by Foreign Minister Retno Marsudi, who acco

Bussiness | Economy

Government Proposes an Increase in Hajj Costs for 2024 by IDR 105 Million

17:28, 15 Nov 2023

Deputy Chairperson of Commission VIII DPR, Ace Hasan Syadzily, considers the proposed increase in the Cost of Organizing Hajj (BPIH) for 2024 to IDR 105,095,032.34 by the Ministry of Religious Affairs (Kemenag) as excessively high. Commission VIII hopes that the BPIH does not exceed IDR 100 million

Technology Update

Google Agrees to Pay IDR 125.6 Trillion Over 4 Years to Become Default Service on Samsung Devices

14:08, 15 Nov 2023

In the context of the case filed by Epic Games against Google, it has been revealed that Google is committed to providing a fund of US$ 8 billion (IDR 125.6 trillion) over four years to Samsung. This amount aims to ensure that Google's search engine, voice assistant, and Play Store

Bussiness | Economy

Anticipating the 2024 Elections and IKN, BI Chief Predicts Indonesia's Economy to Reach 5% Next Year

12:44, 15 Nov 2023

Bank Indonesia (BI) predicts that Indonesia's economy will continue to grow strongly at a rate of 5% next year, as outlined in the Annual Budget Plan of Bank Indonesia (RATBI) 2024. "Of course, [economic growth] next year is still quite good, around 5%," said BI Governor P

5 Countries with the Largest Debts to China, Including Indonesia?

08:15, 15 Nov 2023

Many developing countries worldwide have significant debts to China, reaching tens of billions of US dollars, equivalent to hundreds of trillions of Indonesian rupiah. As reported by CNN on Friday (11/10/2023), the total debt of these developing countries to China is recorded at US$1.1

Ministry of Manpower Issues Mandatory Minimum Wage Increase for 2024

17:54, 14 Nov 2023

The government has issued new regulations on wages, namely Government Regulation Number 51 of 2023 concerning Amendments to Government Regulation Number 36 of 2021 concerning Wages. "The increase in the minimum wage is a form of appreciation for our fellow workers who have contribu

Bussiness | Economy

Ma'ruf Amin: Halal Value Chain Grows by 5.3% in 2023, Potential USD 135 Million in Indonesia

17:12, 14 Nov 2023

Vice President Ma'ruf Amin once again discussed trade cooperation, especially in the halal industry sector, when receiving a visit from the Secretary of the Communist Party of China, Zhejiang Provincial Committee, Yi Lianhong. "China remains Indonesia's largest trading part

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