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Rupiah Plunges to Rp16,359! Investors on Alert Ahead of BI Interest Rate Decision

11:47, 19 Feb 2025

Rupiah Weakens to Rp16,359 per US Dollar Amid Global Uncertainty Jakarta – The Indonesian rupiah weakened in the spot market on Wednesday (Feb 19) morning, opening at Rp16,359 per US dollar. The currency fell 81 points, or 0.50%, compared to the previous closing level. Asian cu

Erick Thohir: Gold Bank Could Create 800,000 Jobs - A Huge Opportunity!

11:10, 18 Feb 2025

Government to Launch Gold Bank, Projected to Create 800,000 Jobs The government is preparing to launch a gold bank, or bullion bank, in the near future. Minister of State-Owned Enterprises (BUMN) Erick Thohir stated that the establishment of a gold bank is expected to create up to 800,000 jobs wh

New Regulation! Natural Resource Exporters Must Keep Forex in Indonesia for 1 Year

11:04, 18 Feb 2025

According to a report from the Ministry of Economic Affairs, the Indonesian government has introduced a new policy requiring natural resource (SDA) exporters to retain all their export foreign exchange (DHE) within the country for a minimum of one year. This regulation will take effect on March 1, 2

Economist: EV Incentives Must Expand to Accelerate Energy Transition!

14:06, 17 Feb 2025

Accelerating Energy Transition Through Electrification: A Key to National Energy Sovereignty Constitutional Economist Defiyan Cori emphasized that accelerating the energy transition through electrification programs is a crucial step toward achieving national energy sovereignty and resilience. One

Coretax Issues Persist - Is There a Solution?

17:57, 16 Feb 2025

Coretax Tax System Faces Issues, DJP Reinstates Old System Since its launch on January 1, 2025, the Core Tax Administration System (Coretax) developed by Indonesia’s Directorate General of Taxes (DJP) has encountered various unresolved technical issues. Instead of improving tax administrati

Mass Layoffs of U.S. Government Employees Begin! What's the Economic Impact?

17:57, 16 Feb 2025

Wave of Civil Servant Layoffs Hits the U.S., Thousands at Risk The United States is facing a significant wave of civil servant layoffs across various sectors. This policy is being implemented as part of the government’s efforts to reduce budget pressures and enhance bureaucratic efficiency.

Budget Cuts at Kemendiktisaintek: Tuition Fees Set to Rise!

17:52, 16 Feb 2025

Budget Cuts in Higher Education May Lead to Tuition Fee Increases The Ministry of Higher Education, Science, and Technology (Kemendikti-Saintek) is facing a significant challenge due to the government’s budget efficiency policy. These funding cuts could have a major impact on the cost of hi

Impact of Budget Efficiency Goverment Programs: How Will It Affect Finance and the Indonesia Economy?

16:21, 14 Feb 2025

The administration of President Prabowo Subianto has recently launched a budget efficiency policy aimed at redirecting funds to priority programs, such as providing free nutritious meals for school children and vulnerable groups. However, this policy has received mixed responses from various parties

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