Business News
Digital Payments to Aid Indonesia’s Economic Recovery
In the last ten years, technological disruption in the financial sector has given birth to new types of digital payments, which has subsequently encouraged the adoption of digital transactions. In Indonesia, digital payment is becoming increasingly popular.About three decades ago, banks began to adopt digital channels such as phone, SMS,…
Indonesia plans to launch its own gold bank by 2024
Indonesia, one of the world's largest gold mines, plans to set up a gold bank to encourage domestic trade in precious metals. Trade Minister Mohammad Ludfi said the government was in talks with various parties, including the central bank and the mining industry, to launch the bank by 2024. “Our…
Jokowi Discloses Reasons for Choosing Micro PPKM over Lockdown
President Joko "Jokowi" Widodo disclosed reasons for enforcing the policy of public activity restrictions on a micro-scale or Micro PPKM instead of lockdown or the Large-Scale Social Restrictions (PSBB). The economy is one of the government’s considerations. “Why did the government decide on Micro PPKM? Because the government sees that…
Erick Thohir Staff Clarifies Ivermectin Permit for Covid-19 Treatment
Arya Sinulingga, a special staff for State-Owned Enterprises (SOE) Minister Erick Thohir, clarified the minister’s statement regarding the drug called Ivermectin. He explained Erick had never said that Ivermectin had received the Food and Drug Monitoring Agency’s (BPOM) permit as a Covid-19 drug. “He (Erick) says that BPOM has issued…
