TEMPO.CO, Jakarta – Application-based transportation service Go-Jek has reactivated its quick response (QR) Code payments within its digital wallet Go pay services after it had been approved by Bank of Indonesia (BI) mid-April. “Alhamdulillah (Praise to God), the Go-Pay QR code payment method has been approved. Therefore, Go-Pay users can conduct offline transactions using QR code,” said Go-Jek Corporate Affairs […]
Read MoreJAKARTA: Indonesian President Joko Widodo has declared war on inflation, with a series of pre-emptive strikes designed to woo voters. The potential casualty: his zeal for economic reform. While price pressures are relatively benign in South-East Asia’s largest economy, Widodo is leaving nothing to chance as a long election campaign draws near. He’s slapped controls […]
Read MoreThe consumer confidence index (CCI) declined from 100.8 to 98.5 in April after increasing 3.6 percent in the previous month, according to a survey conducted by Danareksa Research Institute (DRI). “Consumers are also less optimistic about the future, particularly due to concerns about high foodstuff prices, while around 39.0 percent of consumers are still worried […]
Read MoreIn the past few years, Indonesia has seen more and more investments from Asian powerhouse China. In 2017, China was ranked as the country with the third-largest foreign investment in Indonesia at US$ 3.36 billion, a significant increase from $2.66 billion in 2016. It seems that the trend is here to stay. According to data from […]
Read MoreTEMPO.CO, Jakarta – The Indonesian government will improve the ability of Indonesian workers in the face of the fourth industrial revolution (industry 4.0) based on science, technology, and innovation. Minister of Manpower, Hanif Dhakiri, stated that the technological change will cause the replacement of human labor with engine power, which will have an impact on the reduction of […]
Read MoreThe Health Ministry is drafting a regulation on online pharmacies in a bid to contain sales of unlicensed medicines. Under the draft regulation, only licensed offline pharmacies, drug wholesalers (PBF) and drugstores would be allowed to establish e-pharmacy businesses, said the Food and Drug Monitoring Agency’s (BPOM) distribution and service monitoring director, Hardaningsih. “By allowing […]
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