President Joko “Jokowi” Widodo launched the One Map Policy Geoportal (KSP Geoportal) on Tuesday as a national information portal to serve as a point of reference for land use planning by all government institutions and the general public. Jokowi said he expected the one-map policy to address the issue of overlapping land claims in the country. […]
Read MoreBank Indonesia’s survey on the retail sector has shown that sales growth in October declined to less than half the figure in September. The BI survey records a 2.9 percent year-on-year (yoy) retail sales index (RSI) for October, lower than the 4.8 percent yoy RSI for September. The highest growth was recorded in clothing and public transportation fuel, which respectively contributed 24.6 […]
Read MoreTEMPO.CO, Nusa Dua – Finance Minister Sri Mulyani Indrawati ensures the state budget deficit at the end of 2018 will be around 1.86-1.87 percent of the gross domestic product (GDP). The prediction is lower than the target set in the 2018 State Budget (APBN) which was 2.19 percent. “Now the deficit is still at 1.95 percent. Until year’s end, it is estimated to be 1.86-1.87 percent,” said Sri on Thursday, December 6, during a media meeting in […]
Read MoreAfter prompting protests from lobby groups and sparking political controversy, the government is being more cautious in revising the negative investment list (DNI), which is part of the 16th economic policy package announced in mid-November. Coordinating Economic Ministry secretary Susiwijono said the government had removed 13 business units from the DNI, from the initial plan of 54, but stressed […]
Read MoreUnlike in previous years, Indonesia’s National Online Shopping Day (Harbolnas) will be held for two days, on Dec. 11-12, one day of which will be dedicated to boosting the sales of local products. Organizers have targeted to earn Rp 7 trillion (US$482 million) in transactions during the shopping campaign, five times higher than the daily […]
Read MoreThe Finance Ministry is conducting a study on the possibility of increasing remunerations for regional heads – governors, mayors and regents – as part of a broader effort to reduce rampant corruption practices, according to a top official. “We are conducting a study. We will also report the idea to the President because he also […]
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