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Bussiness | Economy

Eliminating Import Duties, Palestinian Products Now Dominate the Indonesian Market

10:05, 08 Nov 2023

Palestinian products are currently dominating the Indonesian market. Several Palestinian products are imported and freely sold in Indonesia.   In 2019, the Indonesian government removed import duties for products originating from Palestine. This decision is outlined in the Minister of Fin
Bussiness | Economy

Airlangga to Evaluate the Policy of Storing US Dollars in the Country. Here's the Reason

09:26, 08 Nov 2023

Coordinating Minister for Economic Affairs Airlangga Hartarto will evaluate the policy of mandatory US dollar storage for exporters within the country.   "We will conduct an evaluation of Foreign Exchange Earnings (DHE) because it has not been maximized in the past 3 months. We still
Bussiness | Economy

Sri Mulyani Describes Economic Growth at 4.94 Percent as Lower Than Expected

20:14, 07 Nov 2023

Minister of Finance (Menkeu) Sri Mulyani acknowledged that the actual economic growth in the third quarter of 2023 at 4.94 percent (year on year/yoy) was significantly lower than the government's expectations.   According to the BPS report, Indonesia's economic growth in the third
Bussiness | Economy

KAI's Explanation Regarding the Viral Video of Leaky Roofs at Halim High-Speed Train Station and Cawang LRT Station

17:07, 07 Nov 2023

PT Kereta Api Indonesia (Persero) or KAI has provided an explanation regarding a viral video showing leaky roofs at Halim High-Speed Train Station and Cawang LRT Station in Jakarta, due to heavy rain on Saturday night, November 4, 2023. The video has been widely circulated and became viral on variou
Technology Update

MediaTek Dimensity 9300 Officially Announced, Strong Competitor to Snapdragon 8 Gen 3

12:27, 07 Nov 2023

MediaTek has officially introduced its top System-on-Chip (SoC), the Dimensity 9300. This chip is the successor to the Dimensity 9200, which was released in November 2022.   Designed using 4-nanometer (nm) third-generation fabrication technology from TSMC, the Dimensity 9300 is set to be
Technology Update

Crypto Transaction Value in Indonesia Plunges from Rp859 T to Just Rp94 T

20:20, 06 Nov 2023

The value of crypto transactions in Indonesia has sharply declined over the past three years. Citing data from Bappebti, as presented by Hasan Fawzi, the Chief Executive of the Financial Technology Innovation, Digital Financial Assets, and Crypto Assets Supervisory Agency, as well as a Commissioner
Bussiness | Economy

Neighboring Manufacturing in Indonesia Collapse Together, Who's the Hardest Hit?

20:02, 06 Nov 2023

The manufacturing activities in ASEAN countries have experienced a setback amidst the ongoing global sentiment turmoil. Indonesia's Manufacturing Purchasing Managers' Index (PMI) recorded a decrease to 51.5 in October 2023, down from the previous 52.3, marking the lowest point in the last fi
Technology Update

Alibaba Cloud Announces Latest AI Tools at Apsara Conference

18:56, 06 Nov 2023

Alibaba Cloud recently launched a series of artificial intelligence (AI) tools designed for various industries at the annual Apsara Conference in Hangzhou, China. These innovative tools are powered by Alibaba Cloud's latest Large Language Model (LLM) known as Tongyi Qianwen 2.0.   At
Technology Update

Elon Musk Introduces Grok, an AI Competitor to ChatGPT with a Sense of Humor

18:08, 06 Nov 2023

Elon Musk's artificial intelligence (AI) company, xAI, has officially announced its first chatbot named "Grok." The word "Grok" was coined by the American science fiction writer Robert A. Heinlein and means "to understand thoroughly and intuitively."   Li
Bussiness | Economy

Classes 1, 2, 3 of BPJS Health to be Removed, Will Contributions Increase?

17:39, 06 Nov 2023

The government is preparing to eliminate classes in the Social Security Administration (BPJS) Health. This elimination is in line with the plan to implement the Standard Inpatient Class (KRIS). So, will this elimination lead to an increase in contributions?   Member of the National Social
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