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Indonesia revises up June’s trade surplus

JAKARTA – Indonesia’s statistics bureau on Tuesday said it has revised the value of exports and imports in June, resulting in a bigger trade surplus that month. The bureau said Indonesia’s trade surplus in June was around $1.67 billion instead of the $1.63 billion initial estimate given a month ago. June exports were revised to […]

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Indonesia, Malaysia, Thailand Discuss About Halal Products

TEMPO.CO, Jakarta – The trilateral partnership forum of Indonesia, Malaysia, and Thailand, is currently discussing on strengthening the services of halal products in the ASEAN region and a mutually beneficial economic improvement. Minister of Religious Affairs Lukman Hakim Saifuddin said that the Indonesia-Malaysia-Thailand growth triangle (IMT-GT) forum is a strategic moment to build an alliance between three countries in […]

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Facebook opens Indonesia’s office

JAKARTA – Facebook finally opens its office in Indonesia as the country has 65 million daily users. Social media giant Facebook opened its office in Indonesia on Monday, after years of operating in the country. Facebook Indonesia country director Sri Widowati invited journalists for a tour of the office in South Jakarta. “With the opening of our office here, we want to show our commitment to […]

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Indonesia: Govt Pushes for Higher Tax Revenues in H – 2

TEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati is optimistic to meet this year’s tax revenue target, provided there are additional efforts in the second semester. Tax revenue i growth in the first half of 2017 reached 12.4 percent, year-on-year. “We continue to work in the second half, by going through state revenue sources,” he said, last weekend. Sri asked the Tax Directorate General to identify sectors with improving commodity prices and business climate, to boost the potential […]

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Indonesia, Vietnam Strengthen ASEAN Trade

TEMPO.CO, Jakarta – Indonesia and Vietnam have agreed to strengthen bilateral ties in order to enhance trade activities at the ASEAN level. “Our strategy is to strengthen Vietnam’s position as Indonesia’s main regional chain of supply in ASEAN,” said Trade Minister Enggartiasto Lukita on Monday, August 14. Enggartiasto said that the strategy is more practical for Indonesia instead of […]

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