Lupa Kata Sandi? Klik di Sini

atau Masuk melalui

Belum Memiliki Akun Daftar di Sini


atau Daftar melalui

Sudah Memiliki Akun Masuk di Sini

Konfirmasi Email

Kami telah mengirimkan link aktivasi melalui email ke rudihamdani@gmail.com.

Klik link aktivasi dan dapatkan akses membaca 2 artikel gratis non Laput di koran dan Majalah Tempo

Jika Anda tidak menerima email,
Kirimkan Lagi Sekarang

KJRI Penang Promotes Use of Indonesian Rupiah in Malaysia

13 September 2023 13:09 WIB

Illustration of the city of Penang, Malaysia. (REUTERS/Lim Huey Teng)

TEMPO.CO, JakartaThe Indonesian Consulate General (KJRI) in Penang, in cooperation with the Bank Indonesia Office in Singapore, promoted the use of the rupiah for transactions in Malaysia to a number of stakeholders in Penang, on Monday, September 11, 2023.

Acting Consul General Kiki Tjahjo Kusprabowo said on Tuesday that Penang recorded 178,132 foreign nationals seeking medical treatment in the region in 2022, and 90 percent of them were Indonesians.

He said the Indonesian representatives in Penang thus welcomed the Local Currency Settlement (LCS) partnership with Malaysia, which he believed would help the two countries’ efforts to enhance mutually beneficial economic cooperation.

Mary Ann, the Executive Director of the Penang Centre of Medical Tourism (PMED), said that from January to July 2023, a total of 53,841 Indonesians received medical treatment in Penang. She also welcomed the initiative to use the rupiah to facilitate payment for health services.

Meanwhile, Bank Indonesia (BI) Assistant Director of the Financial Market Development Department, Puput Kurniati, said that the LCS cooperation between Indonesia and Malaysia commenced in early 2018, with the signing of an MoU between BI, Malaysia, and Thailand.

At present, Puput said that Malaysia and Japan are the main contributors to the surge in LCS transactions with Indonesia, with the value reaching US$200 million or around Rp3 trillion.

ANTARA

Editor's Choice: Bank Indonesia: Rupiah Performs Better against Dollar Compared to India, Philippines, Thailand

Click here to get the latest news updates from Tempo on Google News



Malaysia Coast Guard Says Tanker Involved in Fire Has Left Site

1 hari lalu

Malaysia Coast Guard Says Tanker Involved in Fire Has Left Site

Malaysia says on Saturday that one of the two large oil tankers involved in a collision that led to fires had left the location of the accident.


Malaysian Court Acquit Eight Natuna Fishers as Unauthorized Entry Allegation Unproven

4 hari lalu

Malaysian Court Acquit Eight Natuna Fishers as Unauthorized Entry Allegation Unproven

Malaysian authorities release eight Indonesian fishers in Natuna over a lack of strong evidence for unauthorized entry to Malaysian waters.


Architectural Gems; 8 Breathtaking Train Stations Around the World

5 hari lalu

Architectural Gems; 8 Breathtaking Train Stations Around the World

Train stations often serve as gateways to new adventures, bustling hubs where journeys begin and end.


Indonesia, South Korea Central Banks Ink MoU on QR-Based Cross-Border Payments Cooperation

6 hari lalu

Indonesia, South Korea Central Banks Ink MoU on QR-Based Cross-Border Payments Cooperation

Bank Indonesia (BI) and South Korea's Bank of Korea inked a Quick Response or QR code-based payments agreement.


Indonesia Commits to Boost Support for UNRWA

7 hari lalu

Indonesia Commits to Boost Support for UNRWA

The Indonesian government has committed to increasing its annual contribution to the UNRWA by US$1.2 million (around Rp19.34 billion).


Impacts of Rupiah Fluctuations and Rising Government Debts

9 hari lalu

Impacts of Rupiah Fluctuations and Rising Government Debts

CEO of BCA, Jahja Setiaatmadja, explains the impacts of volatile exchange rates, rising government debt, and how the market awaits the new cabinet.


AirAsia Travel Fair Takes Flight in Medan, Offering Discounts and Cashback

9 hari lalu

AirAsia Travel Fair Takes Flight in Medan, Offering Discounts and Cashback

Indonesian AirAsia is hosting the AirAsia Travel Fair (AATF) 2024 Medan at Center Point Medan from July 12 to 14.


Scoot Connects Singapore to Sarawak's Sibu with New Jets

10 hari lalu

Scoot Connects Singapore to Sarawak's Sibu with New Jets

Low-cost carrier Scoot Airlines has launched a new route directly connecting Singapore to Sibu, Sarawak, Malaysia.


Bank Indonesia Confident Rupiah to Stabilize This Year Despite Weakening 5.9 Percent

13 hari lalu

Bank Indonesia Confident Rupiah to Stabilize This Year Despite Weakening 5.9 Percent

Bank Indonesia is optimistic that the rupiah exchange rate will stabilize this year despite weakening by 5.9 percent y-t-d.


Indonesia's President-Elect Prabowo Subianto Vows to Protect Public Funds

14 hari lalu

Indonesia's President-Elect Prabowo Subianto Vows to Protect Public Funds

President-elect Prabowo Subianto pledged to safeguard public funds and ensure that they benefit the nation and society.