Jakarta (ANTARA) – The value of Indonesia’s exports rose 32.03 percent to US$25.57 billion in July this year from US$19.37 billion in July 2021, according to Statistics Indonesia (BPS). Exports in July declined 2.20 percent compared to the previous month, when they were recorded at US$26.15 billion, BPS’ distribution and service statistics deputy, Setianto, […]
Read MoreJakarta (ANTARA) – Indonesia’s external debt (ULN) decreased from US$412.6 billion in the first quarter of 2022 to US$403 billion in the second quarter owing to a decline in public and private external debt, Bank Indonesia (BI) reported. Chief Executive Director of the Communications Department of BI Erwin Haryono, in an official statement here, Monday, […]
Read MoreINDONESIA’S windfall export earnings thanks to high commodity prices may start dwindling, its statistics bureau warned on Monday (Aug 15), despite the country booking a larger-than-expected surplus in July. The resource-rich nation booked a US$4.2 billion surplus last month as it enjoyed the impact of high commodity prices globally, although prices of some of its […]
Read MoreGIVEN Indonesia’s position as a major commodities exporter, growth momentum for the country is likely to slow in the second half of the year as key commodity export prices undergo a correction. Holding all things constant, senior economist at RHB Bank Barnabas Gan hypothesised in a report on Friday (Aug 12) that a uniform decline […]
Read MoreA global spell of high inflation, aggressive monetary tightening and the risk of a recession are prompting economists to revise Indonesia’s economic forecasts for the remainder of the year. Analysts raised inflation projections for the third- and fourth quarters by almost a full percentage point to 5 per cent and 5.15 per cent, respectively, […]
Read MoreMore coal export bans are coming into place in Indonesia, at a time where demand for the commodity is approaching record highs. Indonesia, the world’s largest coal exporter, is banning 48 miners who have failed to meet their domestic market obligations (DMO). Energy and mineral resources minister Arifin Tasrif revealed yesterday that 71 coal companies […]
Read More
Thailand
