Indonesia and China Sign Two Strategic Mineral MoUs

 Bid TIK Polda Kepri – Jakarta. Indonesia and China signed two strategic Memorandums of Understanding (MoUs) on minerals on Saturday (9/11/2024). The MoUs, covering green mineral cooperation and broader mineral resource development, were signed by Indonesia’s Minister of Energy and Mineral Resources Bahlil Lahadalia and China’s Minister of Commerce Wang Wentao, witnessed by Presidents Prabowo…

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Jakarta Confirms Minimum Wage Increase for 2025

Bid TIK Polda Kepri – Kupang. The Jakarta administration has confirmed that the Jakarta minimum wage (UMP) for 2025 will rise, though the exact increase has yet to be determined. Jakarta’s Head of the Manpower, Transmigration, and Energy Agency, Hari Nugroho, said on Thursday (7/11/2024)that the UMP hike will be set following discussions within the…

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Indonesia’s Foreign Exchange Reserves Rise in October 2024

Bid TIK Polda Kepri – Jakarta. Indonesia’s foreign exchange reserves reached $151.2 billion at the end of October 2024, rising from $149.9 billion in September, according to Bank Indonesia (BI). Bank Indonesia’s Executive Director of Communications, Ramdan Denny Prakoso, said on Thursday (7/11/2024) that the increase was driven by tax revenues, services income, and government…

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DEN Chair Luhut Pandjaitan Addresses Ban on iPhone 16 Sales in Indonesia

Bid TIK Polda Kepri – Jakarta. Chair of Indonesia’s National Economic Council (DEN), Luhut Binsar Pandjaitan, addressed the ban on Apple’s iPhone 16 sales in Indonesia, emphasizing the country’s openness to new job creation opportunities.  “We’re open to anything, especially if it’s produced domestically, as we aim to create jobs,” he said on Tuesday (5/11/2024)….

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President Prabowo Signs Regulation on Debt Relief for MSMEs

Bid TIK Polda Kepri – Jakarta. President Prabowo Subianto signed Government Regulation (PP) No. 47 of 2024 on Tuesday, (5/11/2024) aimed at eliminating outstanding debts owed by Micro, Small, and Medium Enterprises (MSMEs) in sectors like agriculture, plantation, livestock, fisheries, and others.  During the signing ceremony e at the Merdeka Palace,  President Prabowo signed three…

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Indonesia Targets $120 Million in Investments by 2025: Minister Rosan

Bid TIK Polda Kepri – Jakarta. Minister of Investment and Head of the Investment Coordinating Board (BKPM) Rosan Roeslani announced the government’s goal of attracting $120 million in investments by 2025, equivalent to approximately Rp 1,900 trillion.  This target includes both foreign and domestic investments to help drive the country’s economic growth. “Next year, we…

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Erick Thohir Forms PMO to Tackle Airfare and Tourism Issues

Bid TIK Polda Kepri – Jakarta. Minister of  State-Owned Enterprises  Erick Thohir announced on Thursday (31/10/2024) the establishment of a Project Management Officer (PMO) team to address high airfare prices and enhance Indonesia’s tourism sector.  The announcement was made following his meeting t with Minister of Transportation Dudy Purwagandhi and Minister of Tourism Widiyanti Putri…

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