JAKARTA: Indonesia’s central bank will intervene in the domestic non-deliverable forward market to provide liquidity and maintain rupiah stability, a senior official said on Monday. Nanang Hendarsah, head of Bank Indonesia’s monetary management, said the “firm” intervention would be conducted through brokers. The rupiah weakened about 0.2 percent on the spot market to 14,200 per dollar in […]
Read MoreIndustry players and experts have urged the government to ensure adequate infrastructure for electric vehicles (EV), including battery charging stations, before implementing a planned regulation that will speed up incentives for production. While the government has vowed to provide fiscal incentives for EVs, it should also prepare crucial infrastructure to support them, said Jongkie Sugiarto, […]
Read MoreMANILA, Philippines — Gojek, Indonesia’s on-demand multi-service platform, has partnered with Philippine fintech company Coins.ph. As part of this collaboration, Gojek is making a substantial acquisition of shares to support Coins.ph in its rapid growth to meet the financial needs of all Filipinos. Gojek’s payments platform and the leading digital payments service in Indonesia Go-Pay […]
Read MoreVietnam’s airline VietJet Air is to open routes from Ho Chi Minh City to Denpasar in March and to Jakarta by the end of the year, said VietJet Air managing director Do Xuan Quang during the recent ASEAN Tourism Forum (ATF) 2019 in Jakarta. “I assure [you] that starting March 2019, we will fly to […]
Read MoreTourism Minister Arief Yahya has explained that Indonesia has identified Singapore as a tourism hub this year as it seeks to benefit from 7,200 flights a week from and through the island state. “I am saying that it is easier to fish in the neighbor’s pond that has already has a lot of fish. There […]
Read MoreThe government has devised an index to measure the productivity and competitiveness of domestic manufacturers as the world enters the fourth industrial revolution, popularly called Industry 4.0. The Indonesia Industry 4.0 Readiness Index (INDI 4.0) supports a government road map called Making Indonesia 4.0, which was launched by President Joko “Jokowi” Widodo in April last […]
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