582438_620
Read More

Indonesia: Govt Prepares Strategies to Reduce Economic Inequality

TEMPO.CO, Jakarta – The National Development Planning (BPPN) Minister Bambang S. Brodjonegoro said that the government has several strategies to reduce economic inequality. “The normative ones include ensuring people’s participation in the social, political and economic contexts,” he said last week. Bambang said that the first point means that the government will open up quality job opportunities. […]

Read More
518928_620
Read More

Indonesia: Central Govt To Increase Fish Consumption Per Capita

TEMPO.CO, Jakarta – Central Government attempts to increase the number of fish consumption by launching several programs ranging from ‘Let’s Eat Fish’ (gemar makan ikan) campaign, farming, to technology. “We have to admit that the number of fish consumption in Indonesia is still low. Because of that, the government through Ministry of Maritime Affairs and Fisheries keeps […]

Read More
617709_620
Read More

Bank Indonesia: Deflation Not Caused by Weak Consumer Spending

TEMPO.CO, Jakarta – Bank Indonesia Governor Agus Martowardojo said that deflation and low core inflation do not necessarily indicate weak consumer spending. On the contrary, he said, they reflect the government’s success in controlling price. “Core inflation does not represent weak consumer spending,” he said yesterday at the Presidential Palace. The Central Statistics Agency (BPS) reports that […]

Read More
379682_620
Read More

Indonesia: Govt Refuses Japan’s Offer of Jakarta – Surabaya Fast Train

TEMPO.CO, Jakarta – The Japan International Cooperation Agency (JICA) offers a fast train concept between Jakarta and Surabaya with a train that runs 120 kilometers per hour. The offer was delivered by the Japanese government’s delegation received by President Joko Widodo at the Presidential Palace in Jakarta, yesterday. Transportation Minister Budi Karya Sumadi said the Indonesian government […]

Read More
552228_620
Read More

Indonesia has 27 Percent Pharmaceutical Market Share in ASEAN

TEMPO.CO, Jakarta – Industry Minister Airlangga Hartarto said the national pharmaceutical industry continues to show positive performances. According to Airlangga, the market value of Indonesia’s pharmaceutical products has reached US$4.7 billion. “It is equivalent to 27 percent of the total market in ASEAN,” Airlangga said in an e-mail yesterday. When attending the 60th anniversary of Bayer’s operations […]

Read More
510099_620
Read More

Indonesia: Low Inflation Rate Reflects Success in Controlling Price: BI

TEMPO.CO, Jakarta – Bank Indonesia (BI) Governor Agus Martowardojo asserted the low coreinflation and deflation do not necessarily mean low public purchasing power. Instead, the deflation and low core inflation reflect government’s success in controlling prices. “Core inflation does not necessarily reflect weak purchasing power,” Agus said after a meeting with President Joko Widodo or Jokowi at the […]

Read More