Tag: Trade Deficit
IMF Lowers Indonesia’s GDP Growth Prospects
JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) has lowered Indonesia's gross domestic product (GDP) prospects to 4.8 percent in 2020 and 5.1 percent...
Pressing the Trade Deficit, Indonesia Focus on 15 Industries
JAKARTA (TheInsiderStories) - To tackle the trade deficit, Indonesian government is prioritizing the development of export-oriented industrial sectors, said the minister last week. Based on Statistic...
Indonesia’s Trade Deficit Lowers to US$3.20B in 2019
JAKARTA (TheInsiderStories) - Indonesia's trade deficit declined sharply to US$3.20 billion in 2019 from an $8.69 billion recorded a year earlier as export grew...
Indonesia’s Trade Gap Narrows to US$1.33B in November
JAKARTA (TheInsiderStories) - Indonesia's trade deficit declined to US$1.33 billion in November 2019 after a surprise of $161.3 million surpluses in the prior month...
Japan’s Exports Dropps by 5.2% in September, Trade Deficit US$1.1B
JAKARTA (TheInsiderStories) - Japan' exports recorded JPY6.36 trillion (US$58.61 billion) in September 2019, dropped 5.2 percent compared to the same period in the previous...
Indonesia Posted Trade Deficit US$160M in September 2019
JAKARTA (TheInsiderStories) - Statistics Indonesia reported the country recorded a trade deficit US$160million in September as export fell, said the official on Tuesday (10/15)....
Indonesia Claims to Save Fuel Imports US$4.90B with B30
JAKARTA (TheInsiderStories) - Indonesian government claimed that it can save the cost of importing diesel fuel around Rp70 trillion (US$4.90 billion) by using 30...
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 Experiences Trade Deficit Again US$190M in 1Q
JAKARTA (TheInsiderStories) — Can’t cope up with the trade balance issue, Indonesia suffered trade balance deficit for US$190 million, during January to March. Oil...
US’s Trade Deficit Narrows Down More Than Expected
JAKARTA (TheInsiderStories) - United States (US) Commerce Department reported the country trade deficit narrowed to US$51.1 billion in January of 2019 from an upwardly...
Indonesia Posts Trade Surplus US$330M in February
JAKARTA (TheInsiderStories) – Indonesia' trade balance in February 2019 has a surplus of US$330 million. This was caused by the increase in the value of...
Indonesia Targets Non-Oil and Gas Export Grow 7.5% in 2019
JAKARTA (TheInsiderStories) – Amid the slowdown of global and domestic economic, the Government targets non-oil and gas export growth by 7.5 percent or worth...
Morning Briefing: US’s Trade Deficit Touches the Lowest Level in Decade
JAKARTA (TheInsiderStories) — Good morning! United States (US) 2018’ goods trade deficit hit highest record, as strong domestic demand fueled by lower taxes pulled...
Japan’s Trade Deficit Widened in January as Exports to Asia Declined...
JAKARTA (TheInsiderStories) - Japan’ trade deficit widened faster than expected by 49.2 percent to JPY1.4 trillion (US$13 billion) in January on a non-seasonally adjusted basis....
China’s Current Account Surplus in 4Q 2018 by Strong Exports
JAKARTA (TheInsiderStories) – China posted a current account surplus of US$54.6 billion in the fourth quarter (Q4) of 2018, a 134.3 percent increase from...
Indonesia’s Posts Trade Deficit US$1.16B in January
JAKARTA (TheInsiderStories) – Indonesia' trade balance in January 2019 suffered a deficit of US$1.16 billion. This caused by the oil and gas deficit of...
Indonesia Trade Deficit US$8.57B in 2018, the Worst in Four Decades
JAKARTA (TheInsiderStories) - Indonesia recorded US$8.57 billion trade deficit in 2018, the worst in more than 4 decades. Statistic Central Agency Chief Suhariyanto said,...
Indonesia Looks Export-Oriented Investments to Improve Trade Deficit
JAKARTA (TheInsiderStories) – Indonesia has identified improving performance of export-oriented industries as one of their main goals in coming years to improve the trade...
Weak Exports to Asia, Solid Imports Expand Japan’s Trade Deficit
JAKARTA (TheInsiderStories) - Japan’s trade deficit widened to JPY737 billion (US$6.6 billion) in November on a non-seasonally adjusted basis, largely reflecting solid growth in imports...
After Big Trade Deficit, Indonesia’s Government Still Optimistic for 2019
JAKARTA (TheInsiderStories) - After recording a trade deficit of US$2.05 billion in November 2018, Bank Indonesia (BI) is still optimistic the current account deficit...
Japan’s Trade Balance Deficit Continues in August
JAKARTA (TheInsiderStories) - High oil prices and weak external demand are likely to persist over the near term, and greater United States (US) - China and...
Morning Briefing: China May Go On Offensive In Trade War With...
JAKARTA (TheInsiderStories) - Good morning. China may no longer content only with retaliatory measures in the escalating trade war with the the United States (US)...
Indonesia Posts Trade Deficit US$1.02B in August
JAKARTA (TheInsiderStories)–Indonesia still recorded trade deficit US$1.02 billion in August or lowered 49.75 percent from previous month worth of $2.03 billion, Statistics Indonesia reported on Monday (17/09).
Head...
Morning Briefing: Trade Data Due Today, Trump to Announces More Tariffs...
JAKARTA (TheInsiderStories) - Good morning. Trade is the main course for today’s menu.
The Statistics Indonesia will announce the country’s August trade data at 1100 local time...
Indonesian Businessmen Ready to Convert 50% Export Revenues to Rupiah
JAKARTA (TheInsiderStories) - All businessmen under Indonesian Chamber of Commerce and Industry (ICCI) committed to bring 100 percent of foreign exchange revenues to the country, said...
Morning Briefing: BI Raises Rate Again, Trade Deficit Widens
JAKARTA (TheInsiderStories) - Good morning. Bank Indonesia (BI) contributed to the government’s effort to contain Indonesia’s widening current account deficit (CAD) by delivering its fourth rate...
Indonesia Posts Worst Trade Deficit in Five Years at $2B in...
JAKARTA (TheInsiderStories)--Indonesia recorded a widening trade deficit to US$2.03 billion in July 2018, the worst since July 2013, due to soaring consumer goods imports,...
Morning Briefing: Trade Wars Begin Today
JAKARTA (TheInsiderStories) - Good Morning. Starting today United States (U.S) officially impose import tariffs on Chinese products with worth of US$34 billion. In recent...
As Trade War Intensifies, is Indonesia Ready?
JAKARTA (TheInsiderStories)-- With trade war rhetoric between key economies is intensified, Indonesia and other developing economies could be adversely affected.
So the main question is...
Surprise Trade Deficit in April Sends Rupiah, JCI Lower
JAKARTA (TheInsiderStories)— Surprise trade deficit in April send the rupiah and Jakarta Composite Index lower today in a trading day that was riddled with...