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View all search resultsThe government has plans for Rp 436 trillion spending to contain COVID-19, focusing on health care, the social safety net and business-rescue programs. Thus, the government will become the biggest spender during the economic crisis as businesses and consumers mostly tighten their belts.
Indonesia’s largest gas distributor aims to lower industrial gas prices to US$6 per million British thermal unit (mmbtu) by April, from around $8 mmbtu today – a price point that has been considered as burdensome for manufacturing industries.
President Joko “Jokowi” Widodo has signed Presidential Regulation (Perpres) No. 24/2020 to allow Investment Coordinating Board (BKPM) head Bahlil Lahadalia to have five new expert staff members and five new specialized staff members on top of six deputies.
According to a draft of the regulation, a copy of which was obtained by The Jakarta Post, KPK commissioners are to be state officials on the same level as ministers and would be under and responsible to the President as the head of state.
Previously, there was one main controversy regarding the mandatory use of Indonesian for every agreement involving Indonesian parties. Alas, with the stipulation of the recent language regulation, at least two major problems remain, of which the most current will be discussed more thoroughly.
A new regulation makes the use of Indonesian the obligatory official language in a broad range of activities, ranging from school lessons, official documents and the naming of buildings to speeches by state officials in both international and national forums.
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