JAKARTA, Dec 21 (Reuters) – Indonesia’s December inflation rate is seen at 5.4%, but it would ease next year to around 3%, central bank governor Perry Warjiyo said on Wednesday, ahead of a monetary policy review. Bank Indonesia is due to begin a two-day monetary policy meeting later on Wednesday. A Reuters poll had expected […]
Read MoreBENGALURU (Reuters) – Cooling inflation and a more resilient rupiah currrency is expected to give Bank Indonesia enough comfort to opt for a more modest quarter-point interest rate hike on Thursday, a Reuters poll found. Last week, major global central banks including the U.S. Federal Reserve slowed the pace of interest rate hikes as inflation […]
Read MoreJAKARTA (Reuters) – Indonesia’s 2022 trade surplus will likely be its biggest on record, but next year the gap is expected to narrow to about $38.3 billion to $38.5 billion, a trade ministry official said on Tuesday. The ministry’s head of trade policy department, Kasan, did not provide an estimate for this year’s surplus in […]
Read MoreForeigners will be required to have at least US$128,000 worth of cash in Indonesia or proof they own luxury property under the new second-home visa It will replace existing retirement visas, leaving long-term foreign retirees who cannot meet the requirements feeling anxious about their futures Indonesia’s bid to increase international investments with a so-called second-home […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia predicted that the inflation rate in December 2022 will reach 0.44 percent compared to last month (month-to-month). Executive Director of Chief of Communication Division of Bank Indonesia Erwin Haryono said that the prediction was based on the Price Monitoring Survey conducted on the third week of December 2022. “The main commodity that contributes […]
Read MoreOur exports and imports slightly slowed down in November 2022. But we must look at the entirety of how the trade balance accumulated a surplus of up to US$50.59 billion. Jakarta (ANTARA) – Indonesia’s trade balance recorded a surplus for the 31st month in a row, reaching US$5.16 billion in November 2022, according to the Finance […]
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