As oil prices continue to rise, the government is set to push for more subsidies for those in need in an attempt to stabilize the economy. Finance Minister Sri Mulyani Indrawati said that the rising price of oil would put pressure on the economy as a hike in fuel prices would likely lead to a hike in prices […]
Read MoreTEMPO.CO, Jakarta – The Indonesian Workers Confederation Head Rieke Diah Pitaloka considered several policies on the labor and foreign workers should be revised. “We have to be fair, what [policy] should be revised then revise it from the root. Because, if there is no improvement from the root, it [the problem] will further continue, in any governmental period,” said […]
Read MoreTEMPO.CO, Jakarta – The Minister of Communications and Informatics Rudiantara asserted there is no revision on the Ministerial Decree No. 12/2016 on the registration of telecommunication users which is due on May 1, 2018. “No changes in the policy on the registration of prepaid phone card,” he said in Jakarta, Friday, April 27. Thus, Rudiantara appealed the people to […]
Read MoreBank Indonesia Governor Agus Martowardojo has said that inflation was recorded at 0.12 percent in the third week of April, while year-on-year inflation stood at 3.44 percent. Agus said in Jakarta on Thursday that the increase in the prices of red onions, red chili and garlic would contribute significantly to the April inflation, but he expressed optimism that the […]
Read MoreBank Indonesia (BI) Governor Agus Martowardojo says the central bank is open to increasing its benchmark seven-day reverse repo rate, which is currently at 4.25 percent, if the pressure on the rupiah continues. “If the pressure on the rupiah persists and potentially disrupts financial-system stability, BI will not reject the option of increasing the reference […]
Read MoreTEMPO.CO, Jakarta – Facebook Indonesia has sent a clarification through a letter dated April 25, about the demands of the government. The letter is an answer to the second warning letter sent by the government on April 10. In the letter, Facebook claimed to have restricted the access and ended the third-party applications, such as CubeYou and Aggregate IQ. […]
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