Thursday, September 23We Deliver News To You

Tag: Pandemic

Economy and Finance

Bank Mandiri Reduces Bad Credit Ratio of Three Percent

JAKARTA - PT Bank Mandiri (Persero) Tbk seeks to reduce the number of non-performing loans (NPL). In the range of three percent to 3.5 percent. Later, the company will selectively choose sectors that experience faster recovery after the Covid-19 epidemic. Director of Finance & Strategy of Bank Mandiri Sigit Prastowo said the company has prepared a Bank Business Plan (RBB) for the performance of 2021. "For the target bank only we will project credit growth single digit. The focus will be on quality by maintaining NPL of three percent to 3.5 percent. And "We will expand prudently to targeted customers and potential sectors. And the recovery will be fast due to Covid," he told reporters Thursday (28/1). In Terms Bank Mandiri Margin At the level of 4.6 to 4 percent In terms of net i...
Economy and Finance, World

Indonesia exports to China grow by 10 percent in 2020

BEIJING - Indonesia exports to China in 2020 have increased compared to Indonesia's exports in the previous year. China has also expressed interest in investing in the renewable energy sector. The increase in Indonesian exports is reflected in the sharp decline in Indonesia deficit against China during 2020 compared to 2019. Data released by Chinese Customs states that the total value of Indonesia's trade with China in 2020. Will reach 78.5 billion US dollars (US). Based on the total trade value, the value of Indonesia exports to China reached 37.4 billion US dollars. Growing 10.10 percent compared to the total value of Indonesian exports to China in 2019. Meanwhile, the value of Indonesia's imports from China in 2020 reached approximately 41 billion US dollars, decreased by 10.13 per...
World

Indonesia – Sweden Discusses 70 Years of Bilateral Relations

JAKARTA - Indonesia Ambassador to Sweden and Latvia Kamapradipta Isnomo met virtually with the Speaker of the Swedish Parliament Andreas Norlén on Tuesday (26/1). The two discussed 70 years of development and bilateral cooperation between Indonesia and Sweden. The Indonesian Ambassador and the Speaker of the Swedish Parliament discussed cooperation. Between parliaments and developments in handling the pandemic in each country. This was according to the statement from the Indonesian Embassy in Stockholm which was received in Jakarta, Wednesday. In the virtual meeting, Kamapradipta conveyed that Indonesia and Sweden have long-established bilateral relations. The two countries have many similarities, including in upholding democratic values, human rights, and gender equality. Indonesia...
Economy and Finance

Economy Indonesia Has Strong Capital to Recover This Year

JAKARTA - Head of Fiscal Policy Agency of the Ministry of Finance (BKF Kemenkeu) Febrio Kacaribu said the Indonesia economy has strong capital to recover this year. This projection reflects on the budget deficit, the ratio of public debt. And various other economic indicators that have shown improvement. Febrio said that the contraction growth in Indonesia economy had shown an improving trend. The contraction in the third quarter improved compare to the previous quarter which is expect to occur again in the last quarter of 2020. "This could be our capital to enter 2021, have the optimism to manage our economy together," he said in the AcceleratedWebinar Economic Recovery on Tuesday (26/1). One of the indicators mentioned by Febrio was the state budget deficit. He added, in the context...
Economy and Finance

Jokowi Claims Indonesia Can Control Two Crises

JAKARTA  - President Joko Widodo (Jokowi) said that Indonesia will experience various ordeals when entering 2021. Jokowi's opinion was conveyed by Jokowi when he gave a virtual speech at the opening of the Complete Workers Council for the Fellowship of Churches in Indonesia (MPL- PGI) in Jakarta, Monday (25/1). "Throughout 2020 and entering 2021, we face several tests, some very tough trials, the Covid-19 pandemic that hit the world of 215 countries and Indonesia has resulted in a health crisis and an economic crisis," Jokowi said. can control these two crises well. "However, the problem has not been completely resolved. The pandemic is still ongoing and we are still alert and alert. A few days ago, South Kalimantan was hit by floods that hit several districts and cities, landslides...
World

Sri Mulyani’s Hopes for the New US President Joe Biden

JAKARTA - Minister of Finance Sri Mulyani hopes that the president-elect of the United States (US) Joe Biden can accelerate the economic recovery global. Especially when the world is still facing uncertainty when the spread of the coronavirus is still endemic in many countries. "The United States has a new president. This is hope for recovery for the world economy, in addition to China's economic recovery. Although it is still below three percent," he said in a virtual discussion on Thursday (21/1). On Wednesday (20/1) local time, Joe Biden and his vice president. Kamala Harris was sworn in simply on the lawn of the Capitol Building, Washington DC. Through a change in leadership in this superpower country. Sri Mulyani hopes that the global economic recovery will also help improve the ...
Economy and Finance

Sri Mulyani Asks for Fixed Road Infrastructure Development

JAKARTA - Finance Minister Sri Mulyani Indrawati has asked the government to continue to carry out various infrastructure development programs amid the Covid-19 pandemic. The development starts from education to health. "In the atmosphere of Covid-19, we have not forgotten development activities. We remain hopeful even in an atmosphere Covid-19 running the development program. "he said in Financing Policy Forum Infrastructure Project Through SBSN the Year 2021 in Jakarta, Wednesday (20/1). Sri Mulyani said that infrastructure development in the health sector has become very vital in the midst of a pandemic. Considering that it functions in dealing with this health crisis. "In the health sector, it is clear that many are not only handling in the midst of the Covid-19 pandemic. But also...
World

Left WhatsApp? These 3 applications are suitable for the messaging

WhatsApp is undeniably an application, which the application most widely used for online messaging and telephone services to date. Hootsuite / We Are Social data shows that WhatsApp's monthly active users (MAU) alone total up to 2 billion. Now, WhatsApp is again plagued by problems regarding the protection of its users' personal data. After the end of 2019, WhatsApp had to fight with the NSO Group and its Pegasus software. Which made its users question the security of messaging under Facebook. Inc, now new rules that seem to be force on users are becoming a new scourge like this most popular messaging application. The new rules that make users have to agree to the sharing of WhatsApp user data with its parent, namely Facebook, triggered rejection from many parties. Moreover, the emphas...
Economy and Finance

Jokowi Asks PPATK to Anticipate Shadow Economy

JAKARTA - President Jokowi asked the Financial Transaction Reports and Analysis Center (PPATK) to mitigate illegal underground economic activities (shadow economy) to cybercrime that destroys financial system stability. "We must mitigate conditions that disrupt the integrity and stability of the economic system. And the financial systems, such as the shadow economy, increase in economic crime. As well as cybercrime and other crimes that utilize the latest technology," the President said in a virtual manner in Jakarta, Thursday (14/1 ). This was conveyed by the President in the Annual Coordination. And Direction of the President of the Republic of Indonesia regarding the Prevention and Eradication of Money Laundering (TPPU). And Terrorism Funding (TPPT) in 2021. In addition to anticipa...
Economy and Finance

Indonesia Expects Balanced Trade with China

JAKARTA - Indonesian Foreign Minister Retno Marsudi conveyed the importance of seeking an increased and more balanced trade with China, during a meeting with Chinese Foreign Minister Wang Yi. "In this regard, I welcome the increase in Indonesia's exports to China last year by more than 10 percent. At a time when the global economy is facing severe shocks due to the pandemic," said Retno during a joint press statement with Wang Yi in Jakarta, Wednesday (13 / 1). In addition, Foreign Minister Retno also underlined the need to overcome trade barriers. Especially those concerning market access for exports of Indonesia's superior products to China. Such as fishery products, tropical fruit, bird's nest, and oil palm. The trade balance deficit between Indonesia and China during the January-N...