Business News

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…

Tourism Minister Sandiaga Uno Initiates Work From Borobudur Program

Tourism and Creative Economy Minister Sandiaga Uno initiated the Work From Borobudur program which allows people to work from the complex of Borobudur Temple, Central Java. This program is part of a series of 'work from tourist destinations'. “I am now trying to undergo work from Borobudur. The industry has…
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