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News Update

Bussiness | Economy

The government plans to dissolve SKK Migas in the near future

10:18, 23 Sep 2023

Currently, the government and the DPR (People's Representative Council) are discussing changes to Law No. 22 of 2001 regarding Oil and Gas. This means that the Special Task Force for Upstream Oil and Gas Business Activities or SKK Migas will be dissolved. This move has been welcomed by experts w

Technology Update

Kominfo Restores Access to Google Docs After Technical Error

19:22, 22 Sep 2023

The Ministry of Communication and Information Technology (Kominfo) has restored access to several Google services, such as Google Docs, Google Sheets, and Google Slides on Friday morning (22/9/2023). Previously, cloud-based productivity services owned by Google were reported by netizens to be inacce

Bussiness | Economy

OJK Issues New Rules on Bank Dividends.

11:02, 22 Sep 2023

Regulation No. 17/2023 by OJK on Governance for Commercial Banks contains several points related to bank dividends. According to Dian Ediana Rae, the head of OJK's Banking Supervision Executive, this regulation is much needed, especially to remind shareholders, owners, or controllers of banks to

Bussiness | Economy

Japan's Exports Decline for Two Consecutive Months

19:30, 21 Sep 2023

Japan's Ministry of Finance has reported a 0.8% decrease in Japan's exports in August 2023. According to Bloomberg, economists are also forecasting a further decline of 2.1%. It is noteworthy that in August 2023, Japan's economy recorded declining exports for two consecutive months. &

Bussiness | Economy

Aprindo to Sue Government Over Rp 344 Billion Cooking Oil Subsidy Debt

10:58, 21 Sep 2023

The Indonesian Retail Entrepreneurs Association (Aprindo) is currently contemplating legal action against the government regarding their outstanding debt of Rp 344 billion originating from the cooking oil subsidy program. Roy Nicholas Mandey, the Chairman of Aprindo, stated during a mee

Technology Update

Google's Strategy to Defeat ChatGPT: Merging Google Brain and DeepMind

19:38, 20 Sep 2023

Google has taken a significant step in the world of artificial intelligence by merging the divisions of Google Brain and DeepMind to create Gemini, a conversational AI software recently introduced to users. This move represents Google's serious effort to compete with ChatGPT, partic

Bussiness | Economy

OECD Reduces Global Economic Outlook for 2024, Citing China's Slowdown as the Key Challenge

10:10, 20 Sep 2023

The Organisation for Economic Cooperation and Development (OECD) has raised its projections for global economic growth in 2023 but has scaled back its expectations for 2024 due to rising interest rates putting pressure on economic activities. As reported by Bloomberg on Wednesday, Septe

Bussiness | Economy

Prakerja and Microsoft Launch AI Talent Program for 100,000 Indonesian Youth

19:40, 19 Sep 2023

Prakerja and Microsoft Launch AI Talent Program for 100,000 Indonesian Youth The Program Management of the Prakerja Card, in collaboration with Microsoft Indonesia, has officially launched the Talenta AI Indonesia program. This program aims to provide AI skills to 100,000 individuals across Indonesi

Technology Update

Palo Alto Networks Releases Cybersecurity Report on Indonesia and ASEAN

09:52, 19 Sep 2023

Palo Alto Networks, a global player in the cybersecurity sector, has released a report titled 'State of Cybersecurity in ASEAN 2023,' focusing on the cybersecurity landscape in Indonesia and the broader ASEAN region. This report is based on the findings of an online survey conducted in April

Bussiness | Economy

Impact of Global Economic Slowdown: Indonesia's Export Value in August 2023 Drops Drastically

19:28, 18 Sep 2023

The Ministry of Finance (MoF) has revealed that the Indonesian economy is starting to feel the impact of declining commodity prices and global economic slowdown. This is evident from a significant decrease in the value of Indonesia's exports. According to data from the Central

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