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Bank Indonesia: Foreign Debt Grows 3.9 Percent in July

TEMPO.CO, Jakarta – Bank Indonesia (BI) recorded that Indonesian foreign debt by the end of July reached 339.9 billion USD or grew 3.9 percent compared to that of July 2016 year on year (yoy). Through BI Foreign Debt Statistics announced in Jakarta on Friday, Sept. 15, BI mentioned that based on borrower group, the annual growth of foreign debt of private sector decreased, while that […]

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Indonesia: Trade Surplus Will Still Continue, Economy Minister Says

TEMPO.CO, Jakarta – Coordinating Minister for Economic Affairs Darmin Nasution said that trade surplus produces in August 2017 will still continue in the following months. Darmin explained that to maintain the continuity of Indonesia’s trade surplus, due attention needs to be given to winter periods in the United States and European countries. “Surplus will still continue. We will see when winter begins in the US and Europe, […]

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BPS: Indonesia Posts USD1.72bn Trade Surplus in August

TEMPO.CO, Jakarta – The Central Statistics Agency (BPS) reports that Indonesia posted a trade surplus of USD1.72 billion in August 2017. It was the highest figure since November 2011 at US$1.8 billion. The trade surplus was achieved owing to increased exports and dipping imports. Total exports last month stood at US$15.21 billion or increased by 11.73 percent (mom), whereas […]

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