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Government No Longer Puts Funds in State-Owned Banks

By administrator | August 7, 2021 | Investment

Deputy Minister of Finance Suahasil Nazara said the government would no longer place funds in banks that are members of the Association of State-Owned Banks (Himbara), aka state-owned banks. However, the government still places funds in regional development banks.

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BUMN Bank Operational Efficiency

By administrator | August 7, 2021 | Investment

Deputy Minister of Finance Suahasil Nazara asked state-owned banks or the Association of State-Owned Banks (Himbara) to be more efficient in their business operations. One of them is by developing.

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Household Consumption Becomes the Savior of the Economy

By administrator | August 6, 2021 | Consumption

A number of economists admitted that the realization of economic growth of 7.07 percent (yoy) in the second quarter of 2021 exceeded their expectations, which was an average of around 5 percent. “Our estimate was 5 percent, indeed after the announcement we were quite surprised.

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The Highest Indonesian Economy Since the 2008 Crisis

By administrator | August 6, 2021 | Economy

Coordinating Minister for the Economy Airlangga Hartarto claimed that Indonesia’s economic growth of 7.07 percent in the second quarter of 2021 was the highest achievement in the country’s economic record since.

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PPnBM and VAT Boost Car and Property Sales

By administrator | August 6, 2021 | Tax

Minister of Industry Agus Gumiwang claims that the tax incentives from the government have succeeded in boosting car and property sales throughout the second quarter of 2021. The incentives given are in the form of sales tax on luxury goods (PPnBM) for cars and Value Added (VAT) for home purchases under Rp 2.

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Growing Economy But Small Jobs

By administrator | August 6, 2021 | Economy

The Central Statistics Agency (BPS) said that Indonesia’s economic growth, which grew positively 7.07 percent annually in the second quarter of 2021, has not been able to create jobs and absorb a lot of workers. Thus, the creation of employment opportunities has not fully recovered as the pace of the economy.

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Sydney Lockdown for Two Weeks

By administrator | June 26, 2021 | Economy

Sydney and some surrounding areas will enter a strict two-week Covid-19 lockdown starting this Saturday. Authorities are struggling to contain the fast-spreading outbreak of the highly contagious Delta variant which has grown to 80.

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China Manned Mission to Mars

By administrator | June 26, 2021 | Investment

The ambitious plan, which would intensify the race with the United States to put humans on Mars, was revealed in detail for the first.

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EU Approves Johnson & Johnson Vaccine Production

By administrator | June 26, 2021 | Economy

Europe’s drug regulator said it had approved production of Johnson & Johnson’s single-dose Covid-19 vaccine at an additional site in Italy, as it appeared to accelerate vaccine supply in the European.

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