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View all search resultsA lawmaker and military observer say Cabinet Secretary Teddy Indra Wijaya’s military promotion from major to lieutenant colonel violates the Indonesian Military (TNI) Law that largely restricts active military officers from holding civilian positions.
The economic potential from foreign tourists during the Christmas and New Year holidays is estimated to reach Rp 29 trillion (US$1.83 billion), highlighting the anticipated impact of tourist activities on Indonesia's economy during the festive season.
Comprehensive regulatory reform is urgently needed in Indonesia's online lending ecosystem to protect consumers from falling into an unsustainable cycle of debt, particularly by enacting robust regulations on financial promotion.
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