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Indonesia: Economic Improvement Expected to Continue in 2018

TEMPO.CO, Jakarta – Economic improvement in Indonesia is predicted to continue in 2018, Financial Service Authority (OJK) head of Region I Jakarta-Banten Bambang Widjanarko stated. The economic improvement is supported by the growth of investments, especially through infrastructure development, he said on a seminar entitled “The Role of OJK in Indonesia Economy “, in Tangerang, Banten, on Saturday (17/12).”Foreign investors also indicate a high level of trust in […]

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Indonesia – IDX: Foreign Investment Ownership Keeps Rising

TEMPO.CO, Jakarta – The Indonesia Stock Exchange (IDX) revealed that stock ownership of foreign investors throughout this year keeps increasing to Rp 1.878 trillion compared to the end of 2016 with Rp 1.691 trillion. “Statistically, foreign investors are recorded to reach gross sales throughout this year as much as Rp 40.37 trillion. However, at the same time, the ownership value increases. It means, only profit that is released,” BEI chairman Tito Sulistio explained in Denpasar on Saturday […]

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Indonesia’s Foreign Debt Rises 4.8 Percent

TEMPO.CO, Jakarta – Indonesia`s foreign debt annually increased as much as 4.8 percent by the end of October 2017 into US$341.5 billion as it is pushed by rising private and public debts. Foreign debt (ULN) of private sector went up 1.3 percent (year-on-year) on October 2017 adding up to US$168.3 billion. The increase is still the same as […]

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Thailand: DHL to add 1,000 delivery locations

DHL eCommerce Thailand, a division of the logistics firm Deutsche Post DHL Group, will expand its local delivery network to 1,000 locations nationwide by 2018, fuelled by online shopping growth in the country. DHL ServicePoints now cover 200 spots in Bangkok and vicinity. Another 500 locations will be added in the first quarter next year. […]

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