August 30, 2016 edition

At his home in Kampung Rawa, Jakarta, Hairiah has a business that supplements his income as an optician: He sells basic commodities at Elektronik Warung Gotong Royong (e-Warong), a 'store' complete with ATMs to serve the disbursement of social assistance funds.
As a result, Johar Baru residents are able to obtain welfare assistance for rice, sugar, cooking oil and wheat flour with just a swipe of the Family Welfare Card (KKS). With an electronic data capture (EDC) equipment from Bank Negara Indonesia (BNI), Hairiah can also serve KKS holders who want to pay electricity, telephone, or water billseven loan installments. "They come in, swipe their cards and bring home the goods," Hairiah said last Tuesday.

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More Economy articles in other editions

August 23, 2016 edition

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August 9, 2016 edition

Marina Ratna Dwi Kusumajati's voice began to rise in a meeting attended by dozens of beef importers in Jakarta last week. The meeting concerned the dissemination of Minister of Agriculture Regulation No. 34/2016 on permits for imports of meat, carcasses and offal. The regulation is set to begin in the second half of the year.
The CEO of Dharma Jaya, an entity owned by the Jakarta provincial government, questioned the ease by which the agriculture ministry had changed its stance. "I agree to imports remaining open, but it must be regulated. If it is unrestricted, what about protecting local farmers?" she asked.

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August 2, 2016 edition

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July 26, 2016 edition

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July 19, 2016 edition

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July 12, 2016 edition

Manggi Habir
Ramadan is normally a month of peaceful reflection. Instead, this year's holy month witnessed the unfolding of a series of worrying events, raising further concern and uncertainties across global markets. The impact of the United Kingdom's (UK) unexpected departure from the European Union (EU), which hurt the stock market and the pound sterling, has yet to fully play itself out.
Last week, global capital markets remained under pressure and the British pound sterling continued to take a beating. Rising market anxiety was also followed by a series of deadly shootings and suicide bombings across several countries, starting from the airports in Brussels and Istanbul, the markets in Baghdad, to the holy city of Medina, a coffee shop in Dacca and finally a police station in Solo. The perpetrators are suspected to be linked or sympathetic to the Islamic State of Iraq and Syria (ISIS), which appears to be exporting its conflict abroad, as its territory in Syria and Iraq come under attack.

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