Today's Top 3 News: Japan Disburses IDR 14 Trillion Loan for Indonesia's MRT Project
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14 May 2024 22:21 WIB
TEMPO.CO, Jakarta - Tempo English compiled the top three news on Tuesday, May 14, 2024. Here are the highlights: Japan Disburses IDR 14 Trillion Loan for Indonesia's MRT Project, Indonesia Attracts Rp1.63 Billion of Potential Transaction at Melbourne's Coffee Expo, and Indonesia's Unemployment in 2024 Lower Than Before Pandemic, Says Deputy Minister.
The following is the list of the top 3 news on Tempo English today:
1. Japan Disburses IDR 14 Trillion Loan for Indonesia's MRT Project
TEMPO.CO, Jakarta - Japan has provided a loan totaling JPY 140.699 billion, which equals to IDR 14 trillion to Indonesia for its Mass Rapid Transit (MRT) East-West Corridor project. The exchange of notes or E/N was signed on May 13 by the Japanese Ambassador to Indonesia Masaki Yasushi and the Indonesian Foreign Ministry’s Director General for Asia Pacific and Africa Abdul Kadir Jailani.
2. Indonesia Attracts Rp1.63 Billion of Potential Transaction at Melbourne's Coffee Expo
TEMPO.CO, Jakarta - Indonesian coffee succeeded in attracting buyers' interest at the Melbourne International Coffee Expo 2024 or MICE 2024. The exhibition took place at the Melbourne Convention and Exhibition Center or MCEC, Australia which opened on Sunday, May 12, 2024.
Head of the Sydney Trade Promotion Center (ITPC), Christhophorus Barutu, stated in a written statement on Monday that Indonesian coffee succeeded in attracting the interest of buyers in Australia on the first day “with potential transactions worth US$102,000 or the equivalent of Rp1.63 billion.”
3. Indonesia's Unemployment in 2024 Lower Than Before Pandemic, Says Deputy Minister
TEMPO.CO, Jakarta - Indonesian Finance Deputy Minister Suahasil Nazara said the country’s unemployment rate in 2024 has decreased and is even much lower than before the COVID-19 pandemic.
“It is already below the level before the pandemic. This is good for Indonesia. This is the extraordinary resilience of our economy,” Suahasil said at the Grab Business Forum 2024 at the Kempinski Hotel in Central Jakarta on Tuesday, May 14.
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