An economics expert positively welcomes Bank Indonesias plan to issue central bank digital currency, or CBDC, as its deemed the right countermove against cryptocurrency that has been growing very rapidly in the country.
Erick Thohir added Merah Putih Fund has three common threads; the founder is Indonesian, operates in Indonesia, and finally goes public in Indonesia. Erick Thohir sees that most startups are getting investment or being funded by foreigners.
Minister of Finance (Menkeu) Sri Mulyani Indrawati said Indonesia's digital economy is the largest in Southeast Asia, as reflected in the total sales value (Gross Merchandise Value / GMV) of 70 billion US dollars
"The innovation is the collaboration among PUPR Ministry, a state-owned enterprise (BUMN), and an Indonesian youngsters start-up company," said PUPR Minister Basuki Hadimuljono
Speaker of People's Consultative Assembly Bambang Soesatyo recommends the use of ID Number for social media registration. He asked the government to study this.
Cross-border payments using QRIS and Thai QR Payment from Thailand are also being tested
Borneopedia users can write anything, especially related to Kalimantan and Indonesia, in the form of information and opinion including with photos or pictures on Neoblog feature.
A new study reported that Indonesians are skeptical about the governments capability to protect their personal data.
the EHang 216 has the ability to fly as far as 30 kilometers and is able to lift a maximum load of 220 kilograms with a maximum speed of 130 km per hour using electric power.
the company's plan to conduct an IPO on the US stock exchange was carried out through the Special Purpose Acquisition Company (SPAC) scheme with Victory Park Capital.
Indonesias Ulema Council (Majelis Ulama Indonesia or MUI), the countrys top Islamic body that holds the authority on Shariah compliance, has declared the use of crypto as a currency haram. While crypto as an asset is allowed.
A branch of Nahlatul Ulama, one of the largest Islamic organizations in Indonesia, announces that cryptocurrency is haram or forbidden to use based on Islamic law.
