Formula One Announces Six Sprint Races for 2025
London – Formula One will feature six sprint race weekends in the 2025 season, with Belgium replacing Austria as the only change from the 2024 lineup. The Red Bull Ring in Austria, which has hosted sprints for the past three years, will revert to the traditional grand prix format. The sprint weekends for 2025 are […]
Boeing Sees 13% Revenue Growth, Reaches Rp287.26 Trillion in Q3/2023
Jakarta – Boeing Company announced its third-quarter financial results for 2023 on Wednesday (25/10/2023), revealing a notable 13% increase in revenue to $18.1 billion, equivalent to Rp287.26 trillion at an exchange rate of Rp15,871 per US dollar. This growth trajectory was primarily attributed to the escalating volume of both service operations and commercial aircraft deliveries. […]
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 […]
Sandiaga Uno Exposes Negative Consequences of Rupiah’s Dive Toward Rp17,000 for Tourism Industry
In a detailed exposition during The Weekly Brief with Sandi Uno held at the Ministry of Tourism and Creative Economy in Jakarta on Monday (22/4), Minister Sandiaga Uno provided insights into the detrimental effects of the rupiah’s slide towards Rp17,000 per US dollar on Indonesia’s tourism sector. While acknowledging potential benefits such as enhanced competitiveness, […]
Rupiah Exchange Rate Decline Unrelated to Iran-Israel Conflict, Says Paramadina Study
Wijayanto Samirin, a distinguished researcher from Paramadina University, offers a nuanced perspective on the recent fluctuations in the Indonesian Rupiah vis-à-vis the US Dollar, challenging the prevailing narrative linking it solely to the geopolitical tensions between Iran and Israel. Drawing attention to the broader economic landscape, Samirin acknowledges the indirect impact of the Iran-Israel conflict […]
Erick Thohir Calls for Enhanced USD Procurement by State-Owned Companies: Menko Airlangga Shares Insights
Minister Airlangga Hartarto has issued a directive urging businesses to exercise prudence in their importation of consumable goods, particularly in consideration of the prevailing exchange rate of the Indonesian rupiah. Emphasizing the strategic importance of this measure, Hartarto stressed the need to mitigate the demand for US dollars by curtailing imports of non-essential items. Deputy […]
Relocation of Civil Servants to IKN to Begin After 79th Independence Day
Jakarta, April 17, 2024 – Minister of Public Works and Housing (PUPR) Basuki Hadimuljono announced that the relocation of civil servants (ASN) to the Nusantara Capital City (IKN) will be carried out after the 79th Independence Day Ceremony of the Republic of Indonesia (RI) in August this year. “For ASN, the plan is to hold […]
Airlangga Affirms Indonesia’s Economic Foundation Strong Enough to Mitigate Potential Escalation of Middle East Conflict
In light of the recent hostilities between Israel and Iran, culminating in attacks on diplomatic facilities, Indonesia’s Ministry of Economic Affairs swiftly convened a Coordination Meeting on Monday, April 15. This meeting, involving various deputy ministries, the Ministry of Foreign Affairs, and several ambassadors, aimed to assess the situation and its potential impact on Indonesia’s […]
Venice finally bans cruise ships from its lagoon due to Covid-19
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A meteorite exploded in the air above Antarctica 430,000 years ago
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