TEMPO.CO, Jakarta – Bank Indonesia Deputy Governor Perry Warjiyo has predicted 5.3 to 5.7 percent economic growth in 2019. The increase in economic growth is expected thanks to the economic benefit of ongoing structural reforms. “In 2019, the impact of investment and infrastructure productivity will be very lively. Acceleration of growth will be faster,” he said yesterday, August 25. Perry said […]
Read MoreTEMPO.CO, Jakarta – Malaysia and Indonesia will discuss plans to export crude palm oil (CPO) for biodiesel to China. Malaysian Plantation Industry and Commodity Minister Mah Kew Siong yesterday, August 24, said that the two countries will be discussing the plan to export CPO to China. The latter is seeking to adopt 5% biodiesel blended with petroleum diesel […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) Governor Agus D.W. Martowardojo hopes that the government spending will become the primary stimulus to stimulate the national economic growth. “The government spending includes those related to infrastructure projects and targeted non-energy subsidies,” Agus said at the BI Complex in Jakarta today, August 24. According to Agus, the government will have to continue […]
Read MoreTEMPO.CO, Jakarta – The rupiah was trading stronger by 5 points to Rp13,354 per US dollar in Jakarta inter-bank market this morning. Binaartha Sekuritas Reza Priyambada in Jakarta said that the rupiah’s gain was relatively maintained following sustained inflow of foreign capital, allowing continued supply of foreign exchange. “The policy to cut BI 7-day reverse repo rate was perceived […]
Read MoreTEMPO.CO, Jakarta – Azhar Hasyim, director of E-Business at the Communications and Information Ministry, views that Indonesia has the potential to be the third largest e-commercemarket in the world above South Korea. “The Communications and Information Ministry supports startup companies in Indonesia,” Azhar said during a discussion held in Jakarta today, August 23. Azhar revealed that Indonesia currently occupies […]
Read MoreTEMPO.CO, Jakarta – Trade Minister Enggartiasto Lukita said that Indonesia is aiming at boosting the value of its trade with Vietnam. The government has set a target to achieve US$10 billion worth of trade with Vietnam. “The President wants to reach US$10 billion [worth of trade with Vietnam],” Enggartiasto said at the Presidential Palace in Jakarta today, August 23. […]
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