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13 November 2019
Indonesia’s external economic resilience has been maintained against a backdrop of global economic moderation, according to Indonesia’s Balance of Payment (BOP) in Q3/2019. The BOP improved by recording a deficit of US$46 million in... read more
11 November 2019
Trade Minister Agus Suparmanto remains resolute to maintaining the country's balance of trade and controlling imports in line with the mandates of President Joko Widodo. "The Trade Ministry is ready to implement the two mandates of... read more
08 November 2019
Indonesia's vice-foreign minister Mahendra Siregar said Jakarta is reviewing a draft trade deal with the European Union (EU) in the run-up to filing a complaint against the trading bloc with the World Trade Organization (WTO) over use of... read more
06 November 2019
Indonesia will expand and simplify tax incentives it offers for investment in special economic zones (SEZs) and develop more such areas, aiming to attract over $50 billion investment into those zones in the next decade, a senior official said... read more
04 November 2019
Indonesia suspended exports of nickel ore with immediate effect after a planned ban on shipments from the beginning of next year led to a rush to beat the deadline. The mineral meant for exports during the rest of the year will be absorbed by... read more
01 November 2019
President Joko Widodo (Jokowi) highlighted the need of easing requirements for industries that could boost Indonesia's exports. "I have repeatedly conveyed this statement. If there are export-oriented industries, or those intending to... read more
30 October 2019
Bank Indonesia has strengthened its monetary operations strategy in order to maintain adequate liquidity and increase efficiency in the money market, according to a statement received in Jakarta on Saturday as reported by Antara News Agency, In... read more
28 October 2019
The monthly inflation rate in October 2019 will reach 0.08 percent, fueled by an increase in the prices of purebred chicken meat, onions and clove-blended cigarettes, Bank Indonesia (BI) has predicted. If the central bank’s forecast is... read more
25 October 2019
Indonesia's economic growth was estimated to remain at moderate level around 5 percent until 2021, mostly backed by consumption, a World Bank (WB) senior economist said on Thursday. Speaking in a teleconference to publish WB's latest... read more
23 October 2019
In 2018, the trade value between China and Indonesia reached 77.4 billion U.S. dollars, with China being Indonesia's largest trading partner for eight consecutive years. Currently, China is also Indonesia's third largest foreign direct... read more