VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

As the coronavirus pandemic continues to hit global markets, oil prices have experienced dramatic falls. On 23 April, however, Brent and WTI crude reported modest gains, reaching $22.25 and $15.7 per barrel, respectively. The Brent crude price for July delivery rose to over $25 per barrel, according to market data. As of 02:54 Moscow time on Monday (23:54 GMT on Sunday), the price of July futures for Brent crude rose 0.93 percent, up to $25.04 per barrel. The price of June futures for Brent crude was $21.64 per barrel. The price of June futures for WTI crude fell 1.42 percent in the early hours of Monday, down to $16.7 per barrel//sputnik

The Investment Coordinating Board (BKPM) needs to direct investment coming into Indonesia this year in the health and food sector given the experience of the COVID-19 pandemic.Member of Commission VI of the Indonesian House of Representatives Nevi Zuairina, in a release in Jakarta on Sunday, hopes that the Investment Coordinating Board, during the COVID-19 outbreak, investment until the end of 2020, will be directed to the health and food sector.According to Nevi Zuairina, the large-scale investment must also produce quality products with standards that are accepted internationally. He warned that large-scale investment is needed, among others, because almost 95 percent of Indonesian medical devices, including drugs, are imported, especially raw materials//ant

Minister of Law and Human Rights Yasonna H Laoly invites the public to recognize, preserve, and protect the Communal Intellectual Property of Indonesia as the glue for national identity.The invitation was delivered by Yasonna in commemoration of World Intellectual Property Day which falls on Sunday. Yasonna, through her written statement in Jakarta on Sunday, said that Communal Intellectual Property is not only able to encourage the development of the region and the economy of the community but also as a glue to the identity of the Indonesian nation.In addition, the registration of Communal Intellectual Property is also a way to protect Indonesia's cultural and biological heritage and protect against piracy from foreign parties. Yasonna added, the Ministry of Law and Human Rights is very serious in protecting Indonesia's intellectual property//ant

Indonesia’s debt is expected to remain sustainable this year despite a steep increase in the planned issuance of government bonds to finance the country’s widening budget due to a big COVID-19 stimulus check. Asian Development Bank -ADB Indonesia country economist Yurendra Basnett said that the country had entered the COVID-19 crisis with one of the lowest debt-to-gross domestic product (GDP) ratios in the world, while the government’s lower revenue and higher state spending would likely push the ratio higher. The important point is that the increasing debt-to-GDP ratio will still remain at a sustainable level of below 40 percent. Basnett projected that Indonesia's debt-to-GDP ratio would reach 37.8 percent this year//JP