Tag: Indonesian economy
Fitch Affirms Indonesia at BBB, Growth 5.1% in 2020
JAKARTA (TheInsiderStories) - Fitch Ratings has affirmed Indonesia's long-term foreign-currency issuer default rating (IDR) at 'BBB' with a stable outlook, according to its latest...
Indonesia to Revise Negative Investment List Soon
JAKARTA (TheInsiderStories) - The government will immediately revise presidential regulation no. 44 of 2016 concerning Indonesia's negative investment list which broadly aims to reduce...
Indonesia Targets 15 Economic Priority Program Completed in Six Months
JAKARTA (TheInsiderStories) - Indonesian economic ministers are targeting 15 priority programs to be completed in the next six months to encourage growth, inclusiveness, sustainability,...
Indonesia’s Retail Sales Rise 0.7 Percent in September
JAKARTA (TheInsiderStories) - Bank Indonesia reported retail sales in Indonesia increased 0.7 percent year-on-year in September 2019, down from a 1.1 percent rise the...
Insight: Indonesian Economy in the Middle of Trade War and Post...
JAKARTA (TheInsiderStories) - Indonesia is still optimistic that it will be able to attract more investment in the last half year of 2019, after the rising political...
Global Uncertainty Pushes Foreign Capital Out from Indonesia US$953M
JAKARTA (TheInsiderStories) - Indonesia's Financial Service Authority (FSA) noted foreign capital out from the country reached US$953.47 million (Rp13.73 trillion) since the beginning of...
Indonesia Posts the Worse Trade Deficit in History
JAKARTA (TheInsiderStories) - Indonesia posted the worse trade deficit in the country' history. Previously, the deepest deficit of US$2.3 billion occurred in July 2013.
Statistic Indonesia...
Indonesian Govt Pay Attention on Rupiah Movement, Trade War Effect
JAKARTA (TheInsiderStories) - Indonesian government pay attention on the Rupiah movement and trade war. Therefore, President Joko Widodo summoned ministers and related stakeholders in the...
Indonesia Posts Inflation 0.44% in April, Higher Than Expectations
JAKARTA (TheInsiderStories) – Indonesia posted inflation 0.44 in April 2019, higher than a prior month of 0.11 percent, said Statistic Bureau today (05/01). On an annual...
Indonesian Election: Subianto - Uno Offers New Strategies for the Future...
JAKARTA (TheInsiderStories) – Indonesia presidential candidates Prabowo Subianto - Sandiaga Salahuddin Uno views that the current development taken by the Government is on the...
Opposition Promises 6.5% Economic Growth
JAKARTA (TheInsiderStories) - Opposition candidate Prabowo Subianto - Sandiaga Salahuddin Uno targets to increase Indonesia's economic growth by 6.5 percent if elected in the...
Insight: Projections the Benefits of Jakarta MRT for Indonesia
JAKARTA (TheInsiderStories) – Indonesia has entered a new phase with the launched of the Mass Rapid Transit (MRT) project by President Joko Widodo on...
Indonesia Targets Income per Capita US$31.000 in 2045
JAKARTA (TheInsiderStories) – The Indonesian government is targeting national income per capita US$31.000 in 2045. Currently the country' income per capita only $3.800.
Minister of...
Indonesia’s BUMI Aims to Convert 80% Forex Revenues to Rupiah
JAKARTA (TheInsiderStories) - PT Bumi Resources Tbk (IDX: BUMI), one of Indonesia’s largest coal producer & exporter planned to convert most of its foreign exchange (forex)...
Fin Min: New Indonesian Leader to Face Infrastructure, Human Capital, Investment...
JAKARTA (TheInsiderStories) – Indonesian finance Minister Sri Mulyani Indrawati said the Indonesian leaders will face three issues human capital, infrastructure gap and investment issues....
Indonesia’s President: Investment, Export are Keys to Improving Indonesian Economy
JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo shouted there are two keys are needed to improve the country' economic condition, namely exports and allowing...
Indonesia Prepares to Restrains Global Crisis
JAKARTA (TheInsiderStories) - Indonesian government prepared to anticipate the global crisis impact to the country, said one senior official on Monday (03/09). Today, Rupiah dropped...
Indonesian Govt Prepares US$29B for Infrastructure Projects in 2019
JAKARTA (TheInsiderStories) - Indonesian government prepares Rp420.5 trillion (US$29.41 billion) for infrastructure projects in 2019 State Budget, said Finance Minister on Thursday (16/08). The amount...
BI Plan to Lowering FX Swap Fees
JAKARTA (TheInsiderStories) - Bank Indonesia (BI) has plan to lowered the foreign exchange (FX) swap transaction fee to hold the U.S dollar stayed in...
Global Economy to Edge Up to 3.1 percent in 2018 but...
Current Slack in Global Economy Expected to Fade
WASHINGTON — The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after...
Breaking News: JCI Hits Highest-ever Level
JAKARTA (TheInsiderStories) - The Jakarta Composite Index (JCI) hit a new record to 6025.434 on closing today (25/10), a 1.23 per cent (73.35 point) higher over...
State Budget Review: Need Creativity on Revenue’s Sources
JAKARTA (TheInsiderStories) - Over reliance on tax revenue to finance state budget raises question on the President Joko Widodo’s administration to achieve higher economic growth and...
BI to Start Euro Hedging Transaction Oct. 25
JAKARTA (TheInsiderStories) - Indonesia’s central bank (BI) has announced it will permit hedging transactions in Euros, starting on Wednesday, Oct. 25, to support efforts to broaden the use...
President Widodo’s 3rd Year: Many Targets Met, Others Need to Improve
JAKARTA (TheInsiderStories) - Joko Widodo has marked his performance as President of Indonesia for the past three years. Many of strategic initiative objectives have been met while...
President Widodo 3rd Year: Economy on Track
JAKARTA (TheInsiderStories) - The economy is doing well and now the government has put in place all the necessary policies to achieve the growth trajectory that...
President Widodo’s 3rd Year: Political and Security Stability
JAKARTA (TheInsiderStories) - Nothing is permanent in Indonesian politics, as many observers can testify. It is dynamic and like a shocking funhouse or scary roller coaster:...
WB: Indonesian Economy Remains Robust, Faster Growth Needs Continued Reforms
Indonesia’s real GDP expanded by 5.0 percent year on year in Q2 2017, unchanged from Q1. Growth rates have been steady at around...
