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Top 3 News of the Week: Citibank Closes Credit Card Services in Indonesia, Govt Increases 2024 Hajj Quota to 241,000

4 December 2023 06:37 WIB

TEMPO.CO, JakartaTempo English compiled the top 3 news on the platform this week, starting from Monday, November 27, 2023, until Sunday, December 03, 2023.

The following is the list of the top three news on Tempo English this week:

1. Citibank Closes Credit Card Services and Consumer Banking in Indonesia, Transferred to UOB

Citibank NA Indonesia or Citi Indonesia is a branch office of Citibank NA, a subsidiary of Citigroup Inc. based in New York, United States. Citi Indonesia is a leading banking partner for institutions with cross-border needs in nearly 160 countries and jurisdictions. The company provides a wide range of financial products and services to companies, governments, investors, institutions and individuals.

In Indonesia, Citibank has been operating since 1968 and is one of the largest international network banks in this country. In fact, Citibank operates nine branches in six major cities, namely Jakarta, Bandung, Surabaya, Semarang, Medan and Denpasar. The corporate distribution network is around 776 locations in 38 provinces. The service is connected to the ATM Bersama network with more than 77,000 ATM terminals in various locations throughout Indonesia.

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2. Indonesian Govt Increases 2024 Hajj Quota to 241,000 Pilgrims

The Indonesian government officially set the Hajj quota for 2024 to 241,000 pilgrims; a 20,000 increase from the previous year. The decision was taken during the meeting between the Ministry of Religious Affairs and the Hajj Management Agency (BPIH) at the House of Representatives (DPR) on Monday, Nov. 27, 2023.

"The working committee of Commission VIII of DPR on BPIH and the working committee of the government agreed on these matters. Indonesian Hajj Quota for the year 2024 amounts to 241,000 pilgrims, with 221,720 regular Hajj pilgrims and 19,280 special Hajj pilgrims," said Abdul Wachid, the head of the Commission VIII working committee on Monday.

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3. Indonesia Announces Cost of 2024 Hajj Pilgrimage Raised to Rp 93.4 Million

The Indonesian government and the House of Representatives' (DPR) Commission VIII have reached an agreement to increase the cost of the 2024 hajj pilgrimage (BPIH) to Rp93.4 million. This amount includes the hajj travel cost or BIPIH that each pilgrim must pay, which is Rp56 million.

“We have agreed on the average BPIH amount for regular Hajj in 1445 H/2024 M at Rp93,410,286,” the BPIH working committee head and DPR Commission VII deputy head, Abdul Wachid, said at the meeting in Senayan, on Monday, November 27.

Most of the party factions in the House Commission VIII agreed to the hike in the hajj price, except for the Prosperous Justice Party (PKS).

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TEMPO.CO

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