Recent Articles
The New Normal (4)
The PP Muhammadiyah, the second largest Muslim organization in Indonesia, questions the Government’s plan to implement a new normal policy considering the continued prevalence of COVID-19. The Indonesia Corruption Watch (ICW), meanwhile, criticized the Government’s plan to deploy Military & Police (TNI/POLRI) personnels to guard the implementation of the new normal.
Business
Market & Global Concerns
Global stock markets closed mixed on Thursday (May 28) with Wall Street's main indexes giving back early gains to end in negative territory after President Trump announced he would be giving a news conference Friday regarding disputes with China. The announcement came after China's Congress approved a national security bill for Hong Kong, prompting concerns of escalating conflicts.
QUICK UPDATES
ADB Approves Loan Facility $300 Million for Geo Dipa
The Asian Development Bank (ADB) has approved a US$300 million loan to help PT Geo Dipa Energi, an Indonesian state-owned company, expand its geothermal power generation capacity by 110 megawatts in Java. The Fund will also...
Nissan to Close Indonesian Manufacturing Facilities After Losses
Japanese car maker, Nissan Motor Co., Ltd. close manufacturing facililites in Indonesia and Spain after book a losses in 2019 and as part of its four-years plan. Thailand plant become as single production base in Southeast Asia...
Govt to Collect VAT from Digital Product and Service Sales
Indonesian government will put a 10% of value added tax (VAT) on digital products and services sales starting July 1. The policy is part of the government’ efforts to create justice and level playing field for domestic and...
Profiles
The New Vice Attorney General
President Joko “Jokowi” Widodo has made Setia Untung Arimuladi the new vice attorney general to replace Arminsyah, who died in a car accident earlier this month. Untung will take his oath in an inauguration ceremony to be held at the headquarters of the Attorney General Office (AGO) next Monday (May 4).