Business

Bank Mandiri hosts Gala Fashion Night overlooking Prambanan Temple

NATIONAL INFO – Bank Mandiri teamed up with Bank Mandiri Employee Wives Association (IIKBM) to hold a grand fashion show at Rama Shinta Garden Resto, Yogyakarta. This event supports the creativity of the country's children. Titled “Gala Fashion Night: Independent Indonesian Women,” this fashion show looked beautiful as the venue of Rama Shinta Garden Resto was set against the backdrop …

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OJK is optimistic that the bank credit distribution target can be achieved by 2024

TEMPO.CO, Jakarta – Chief Executive of Banking Supervision at the Financial Services Authority (OJK) Dian Ediana Rae is optimistic that the 2024 credit distribution target can be achieved through lending to micro, small and medium enterprises or MSMEs. “We believe that the credit growth target set by the OJK at the beginning of the year is between 9 and 11 …

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The rupiah weakens, observers recommend investments from blue chips to gold and real estate

TEMPO.CO, Jakarta – Exchange rate the rupiah weakened recently against the US dollar. Several factors are suspected to be causing the rupiah's decline, including rising material prices and the need for development of the Indonesian capital (IKN). Responding to this situation, Abdul Manap Pulungan, financial economics observer from the Institute for Development of Economics and Finance (Indef), advised people who …

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Minister of Communications and Information Budi Arie requests that internet access for online gambling in Cambodia-Philippines be cut off

TEMPO.CO, Jakarta – Minister of Communications and Information (Kominfo) Budi Arie Setiadi has asked all telecommunications service providers for Internet Access Gateway (Network Access Point/NAP) services to cut off access to Internet communications suspected of being used for online gambling. Budi Arie, who also serves as day-to-day chairman of the Task Force for the Prevention of Eradicating Online Gambling, has …

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Prabowo Value Observers will recalculate the free nutritious meal program and IKN

TEMPO.CO, Jakarta – Senior economist at the Institute for Development of Economics and Finance (INDEF), Tauhid Ahmad, estimates that the Prabowo-Gibran government will use mega-projects such as free nutritious food and the capital of the archipelago (IKN). This reflects unstable global economic conditions and the rupiah exchange rate, which continues to weaken. “I think rational priorities will be recalculated later. …

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Rupiah weakens almost IDR 16,500 per 1 US dollar, the lowest since the 1998 monetary crisis, here's a look back

TEMPO.CO, Jakarta – The exchange rate of the rupiah has recently fallen against the US dollar. This is even called the rupiah weakened the worst since the monetary crisis in 1998. How is the flashback? Reporting from BetweenThe rupiah-to-US dollar exchange rate closed on Friday, partly as it was affected by sentiment over US (US) interest rate cuts. At the …

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