JAKARTA: The number of foreign visitors arriving in Indonesia fell 89.05% in January from a year earlier to around 141,300 amid global coronavirus-linked restrictions on travel, data released by the statistics bureau showed. Indonesia’s annual inflation rate cooled for a second straight month in February to 1.38%, the slowest since August 2020, data from the […]
Read MoreSTIFF competition is set to persist in the Indonesian telecom market, but mobile operators will likely adopt “tactical pricing strategies”, one analyst said. That’s as telcos also have to make pricey network investments over the next two years, to keep up with swelling demand for data services. Data demand could jump on both the rise […]
Read MoreIndonesia is seeking to spur much-needed investment in infrastructure projects to revive its pandemic-battered economy with the launch of a sovereign wealth fund. The government got the ball rolling last week with a pledge to inject up to US$5.3 billion in initial capital between now and the end of the year. Some of the priority […]
Read MoreThe Hanoitimes – It is the final conclusion of an Indonesian agency for cold steel sheet imported from Vietnam. The Indonesian Anti-dumping Committee (KADI) will impose anti-dumping tariffs on cold-rolled steel imports from Vietnam and China after a 16-month investigation, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade. The […]
Read MoreJAKARTA: Indonesia’s central bank cut its benchmark interest rate to a record low and downgraded its growth outlook amid fears that a resurgence in Covid-19 cases is slowing its economic recovery. Bank Indonesia yesterday slashed the seven-day reverse repurchase rate by 25 basis points to 3.5%, the lowest level since the rate was introduced in […]
Read More[JAKARTA] Indonesia’s central bank cut its benchmark interest rate to a record low and downgraded its growth outlook amid fears that a resurgence in Covid-19 cases is slowing its economic recovery. Bank Indonesia on Thursday slashed the seven-day reverse repurchase rate by 25 basis points to 3.5 per cent, the lowest level since it was […]
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