Bank Indonesia Raises Benchmark Interest Rate to 6.25% Following Official Election of Prabowo-Gibran

Jakarta – Shortly after the General Election Commission (KPU) officially declared Prabowo-Gibran as the President and Vice President-Elect, Bank Indonesia made a surprising announcement. As known, the General Election Commission (KPU) declared Prabowo Subianto – Gibran Rakabuming Raka as the President and Vice President-Elect for the 2024-2029 period on Wednesday, April 24, 2024, in the […]

Debunking the Myth: Will the Jakarta-Surabaya High-Speed Train Outperform Jakarta-Bandung?

Jakarta – Minister of Maritime Affairs and Investment Coordination, Luhut Binsar Pandjaitan, announced the formation of a dedicated team to spearhead the Jakarta-Surabaya high-speed train project. Transport analyst from the Indonesian Transportation Society (MTI), Deddy Herlambang, also provided insights regarding the extension plan of the Jakarta-Bandung high-speed train project. According to Herlambang, the Jakarta-Surabaya high-speed […]

Jokowi Appoints Bahlil to Lead Sugar and Bioethanol Task Force in Merauke

In a strategic move to bolster Indonesia’s sugar and bioethanol production, President Joko Widodo, commonly known as Jokowi, has authorized the formation of a dedicated Task Force (Satgas) for the Acceleration of Sugar and Bioethanol Self-Sufficiency in Merauke District, South Papua. Heading this crucial initiative is Minister of Investment Bahlil Lahadalia, appointed as the task […]

Shopee Introduces On-Time Guarantee for Orders Arriving Late

In response to consumer apprehensions regarding uncertain delivery times and the need for a dependable online shopping experience, Shopee has unveiled a groundbreaking initiative: the On-Time Guarantee program. This pioneering program is designed to instill confidence and reliability among users, especially in situations where physical inspection of products is impractical, a common challenge faced by […]