#Government
EU provides €1 million to address climate-induced displacement in Indonesia
The European Union has allocated €1 million (Rp16.9 billion) to fund the Risk Index for Climate Displacement (RICD) initiative in Indonesia, which is aimed at addressing and reducing the impact of climate-induced displacement.
Airlangga and Sri Mulyani clarify formation of National Revenue Agency
Coordinating Minister for the Economy Airlangga Hartarto and Minister of Finance Sri Mulyani Indrawati have addressed recent reports regarding the formation of the National Revenue Agency (BPN), rumored to be part of Prabowo Subianto’s upcoming administration.
Separation of ministries expected to have minor impact on business players
The separation of the Ministry of Tourism and Creative Economy into two distinct entities is not anticipated to significantly affect the tourism industry, according to business leaders.
Investment realization grows steadily, Indonesia consistent in downstreaming: Rosan
The investment realization report for third quarter of 2024 has revealed positive trend in investment realization in the country, which is in line with the World Bank's projection that Indonesia's economic growth will be around 5.0 percent this year.
President-elect asked to care for community, environment at downstream nickel industry
The National Conference on Critical Minerals Indonesia (KNMKI), held on October 9-10, 2024, has produced a joint communiqué that calls on all stakeholders in the critical minerals sector, particularly nickel, to prioritize human rights of the marginalized social groups and sustainable environment and social governance.
There is still room for cuts despite benchmark interest rate at 6%: Researcher
A researcher has assessed that there is room to cut the BI-Rate until the end of 2024 although the Indonesian Central Bank (Bank Indonesia or BI) has decided to maintain the benchmark interest rate at six percent in October 2024.
Jokowi: Herindra’s appointment as BIN chief upon Prabowo's request
President Joko “Jokowi” Widodo has come clear in regards with the leadership change in the country’s top intelligence body, the State Intelligence Agency (BIN), which was held at the end of his term in office.
Indonesia to boost agricultural industrialization, focusing on seaweed development
The government of President-elect Prabowo Subianto is set to enhance its industrialization strategy by focusing on agricultural commodities, particularly seaweed, a Cabinet minister says.
Ribka Haluk to make history as first female Papuan Minister
Ribka Haluk, the Acting Governor of Central Papua province, made history as the first indigenous woman from Papua's mountainous region poised to serve as a Cabinet minister.
Special agency sought to resolve logistical problems: Observer
Logistics is considered as a major problem in the country that needs synchronized collaboration between ministries and institutions through a separate agency, an observer said.
New government asked to prioritize 'financial inclusion'
The Prabowo Subianto-led new government should prioritize financial inclusion as it is expected to provide financial products and services that are accessible and affordable to all individuals and businesses, an economist suggests.
Maritime security, a challenge for Prabowo leadership
Maritime security has remained a major concern for the administration of President-elect Prabowo Subianto, who will soon succeed President Joko “Jokowi” Widodo.