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Sharia Economy becomes a motor for economic growth

Sharia economy should present as a motor for boosting economic growth in Indonesia. JAKARTA -- Indonesia as a democratic country with the largest Muslim population in the world should naturally be a major player in the development of the global sharia economy. Indonesia should be a model for realizing Islamic modernity and economic progress. Chancellor of the University of Indonesia (UI)...

Indonesian currency (illustration)

VP: Rupiah's weakness has positive and negative impacts

REPUBLIKA.CO.ID, JAKARTA -- The Indonesian rupiah hits 12,599 IDR versus the US dollar on Monday, according to Jakarta Interbank Spot Dollar Rate (JISDOR). Vice President Jusuf Kalla stated that the condition brought both positive and negative impacts for the country."The depreciation gains the value of exported goods. However, it causes the price of imported goods to soar," Jusuf Kalla...