Sweden Supports East Java in Electric Public Transport

The world of the Blockchain is getting more and more popular in Indonesia and the higher the public’s curiosity about the cryptocurrency world, the more the need to understand Blockchain technology. The phenomenon that first began with the development of internet technology and was limited to the IT community is now increasing in the public spotlight. So, what exactly is Blockchain technology? What about cryptocurrency assets? How can this technology change the world? To answer these questions, let’s have look at some of the basics.

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The Commodity Futures Trading Regulatory Agency (Badan Pengawas Perdagangan Berjangka Komoditi – “BAPPEBTI”) has issued Regulation No. 11 of 2022 on the Determination of the List of Crypto Assets Tradeable Through the Physical Market for Crypto Assets in order to accommodate the anticipated demand of future traders of crypto assets, as well as to enhance the development of the crypto-assets industry in Indonesia. The issuance of the new regulatory framework is in line with the ongoing increase in crypto-asset customer numbers and transaction volumes. Furthermore, the new regulation has also taken the increasing variety of crypto assets into account. The

This is a list of major banks in Indonesia. There are 120-commercial banks in Indonesia (4-state owned banks and 117-private banks). Two of the state owned banks have Islamic banking units. Of the 26-government regional banks, 15 have Islamic banking units, while of 86-private national banks, 7 have Islamic banking unit, and there are 5-Islamic commercial banks.

Indonesia Banking Directory (DPI) is an annual media publication that presents an overview of principal data of Commercial Banks (include Sharia Banks) but does not include Rural Banks. The principal data of Commercial Banks that is presented in DPI contains information of legal entity, shareholder structure, and management structure of each bank.

As a part of efforts to improve investment services, BKPM took an initiative to publish “Frequently Asked Questions (FAQ) in an Investment in Indonesia” book. This book compiles answers for both new and existing investors regarding investment licensing procedures, incentives, regulations, labours, and cost of doing business in Indonesia.

The Indonesian Investment Coordinating Board (BKPM) have laid out five easy steps for anyone interested in investing in Indonesia beginning with understanding the general investment climate; understanding your planned investment activity; choosing a location; understanding licensing procedures; and finalizing your Business Plan.

This update on the Handbook of Energy & Economy Statistics of Indonesia, is an effort from the Center for Data and Information Technology on Energy Mineral Resources (CDI-EMR) to provide accurate and reliable data and information on energy and the economy, which is generally not available, largely because researchers at various institutions, do not have common terminology and in some cases, disagreement arises over different uses and in turn can lead to inaccurate energy analysis. This handbook hopes to resolve this.

Indonesia’s external settings are benefiting from improved terms of trade on higher commodity prices. The economy continues to recover from the pandemic-driven slowdown, supporting the government’s fiscal consolidation efforts. S&P revised their rating outlook on Indonesia to stable from negative. At the same time, they affirmed their ‘BBB/A-2’ sovereign credit ratings on Indonesia. The stable outlook reflects S&P’s expectation that Indonesia’s economic recovery will continue over the next two years.