TEMPO.CO, Jakarta – Bank Indonesia (BI) recorded a trade balance deficit of US$0.68 billion in January 2018. The reason for this deficit is the surplus of non-oil and gas balance that fell below its deficit. “The non-oil/gas trade surplus in January 2018 was US$0.18 billion, down from the previous month’s surplus of US$0.83 billion,” BI executive director […]
Read MoreTEMPO.CO, Jakarta – The Ministry of Energy and Mineral Resources (ESDM) has revoked the regulation on controlling troubled mining permits. According to the government, it is irrelevant because the permits regulation has been completed. It is on the Regulation of Minister of Energy and Mineral Resources No. 43/2015 about the evaluation of mineral and coal mining business […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani said the investment will be encouraged by simplifying regulations and providing incentives. It is expected to boost investment contribution towards economic growth. Sri Mulyani said it will be done by reducing the various rules that hinder. She also stated the government also needs to create a shorter and easier investment process. Related […]
Read MoreTEMPO.CO, Jakarta – Indonesia as the fourth largest coffee producer in the world is exploring potential Vietnamese market, Antara reported Thursday, Feb. 8. The Embassy of the Republic of Indonesia in Hanoi and Viet Nam Coffee Cacao Association (VICOFA) has held a business forum Promoting Indonesia-Viet Nam Cooperation in Coffee in Hanoi. The business forum was aimed at making Indonesian coffee marketable in the […]
Read MoreBank Indonesia Governor Agus Martowardojo has stressed that the planned issuance of digital rupiah will not happen anytime soon. Time was needed for research on the necessity of a virtual currency, to assure that such currency would not disrupt financial stability, Agus said in Jakarta on Tuesday, as reported by kompas.com. “It takes time. It could […]
Read MoreBank Indonesia (BI) has said Indonesia needs to boost its exports as the country’s foreign debt continues to increase as the government seeks to accelerate its infrastructure projects. BI senior deputy governor Mirza Adityaswara said in Jakarta on Thursday that while Indonesia’s foreign debt was still under control, the country’s deficient export value had caused […]
Read More
Thailand
