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Who are Indonesia's biggest debtors apart from the US and China?

17:11, 16 Jul 2024

DIGIVESTASI - Indonesia's external debt in May 2024 increased by 1.8% to US$ 407.3 billion or around IDR 6.57 quadrillion. This increase was triggered by the public sector, including the government and central bank, as well as the private sector. The growth of external debt wa

Indonesia successfully exports electricity to Papua New Guinea

17:11, 16 Jul 2024

DIGIVESTASI - Indonesia has officially started electricity exports to Papua New Guinea, precisely in the border area of Skouw Papua and Wutung Village in Papua New Guinea. This was announced by President Joko Widodo (Jokowi) during a joint press statement with the Prime Minister of Papua New Guinea,

Jokowi Successfully Raise Rp 542 Trillion with His Favorite Project!

17:11, 16 Jul 2024

DIGIVESTASI - Nickel Downstreaming Program Successfully Increases Indonesia's Revenue. The Ministry of Investment or the Investment Coordinating Board (BKPM) reported that the nickel downstreaming program initiated by President Joko Widodo (Jokowi) has generated significant added value. Minister

Capital City Moves to IKN: Employers Worry Hotel Occupancy Plummets by 50%

00:25, 12 Jul 2024

DIGIVESTASI - The Jakarta Hotel and Restaurant Association (PHRI) warned that hotel occupancy rates in the Jakarta Special Capital Region could potentially decline by up to 50% if the government is officially moved to the Capital City of the Archipelago (IKN) in East Kalimantan. Chairman of the PHRI

Economists Warn: Debt ratio could reach 60% of GDP if 3% budget deficit limit is removed

00:25, 12 Jul 2024

DIGIVESTASI - Tauhid Ahmad, an economist from the Institute for Development Economics and Finance (Indef), believes that a maximum fiscal deficit limit of 3% of GDP is the most ideal figure for a developing country like Indonesia. He argues that even though the government has the authority to amend

IKN vs Free Nutritious Meal, Which is Better for Indonesia's Economy?

17:15, 08 Jul 2024

DIGIVESTASI - Two major projects requiring substantial budgets will be implemented during the administration of President and Vice President-elect Prabowo Subianto and Gibran Rakabuming Raka. These two projects are the continuation of the Nusantara Capital City (IKN) development and the free nutriti

Freeport's New Plant Produces 60 Tons of Pure Gold: Who's the Buyer?

22:49, 05 Jul 2024

DIGIVESTASI - PT Freeport Indonesia officially commenced operations at its second copper smelting and refining facility at the Java Integrated Industrial and Ports Estate (JIIPE) Special Economic Zone (KEK) in Gresik, East Java, last week. This new plant is designed to process 1.7 million tons of do

Pertamina & Airlangga Coordinating Minister: Will Fuel Prices Rise on July 1?

01:00, 01 Jul 2024

DIGIVESTASI - Government Evaluates Fuel Prices for July 2024, Coordinating Minister Airlangga Provides Explanation. The government is currently evaluating fuel prices for July 2024. Usually, changes in fuel prices are announced at the beginning of the month. Coordinating Minister for Economic Affair

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