TEMPO.CO, Jakarta – Trade Ministry has established Market Wait Task Forces (Satgas Tunggu Pasar) aimed at securing food commodity supplies in traditional markets. The task forces are spread in 70 regencies and cities with the potential to have price volatility ahead of Eid day. “Those task forces will work with industry agencies and trade agencies in […]
Read MoreJAKARTA (Reuters) – Indonesia’s economic spirits are rising judging by the line of women outside a packed Furla bag shop for a traditional midnight Ramadan sale at a Jakarta mall. The Muslim holy month, due to end in late June, is half over, and how much shopping Indonesians do during Ramadan is regarded as a […]
Read MoreTEMPO.CO, Jakarta – The Central Statistics Agency (BPS) reports that non – oil and gas exports in May hit US$13.02 billion or increased by 6.37 percent on a month-on-month basis and 23.34 percent increase on a year-on-year basis. BPS deputy for social statistics Sairi Hasbullah said that non-oil and gas exports increased by 20.1 percent compared to […]
Read MoreTEMPO.CO, Jakarta – The government will announce the 15th economic policy package this afternoon. “Policy package relating to logistics,” Cabinet Secretary Pramono Anung said today on the Presidential Palace compound in Jakarta. The government expects the 15th economic policy package to lead to logistics efficiency. Earlier, the Coordinating Minister for Economic Affairs official Edy Putra […]
Read MoreTEMPO.CO, Jakarta – Coordinating Minister for Economic Affairs Darmin Nasution expressed optimism that the inflation rate in June 2017 would not exceed 0.39 percent. “Although Bank Indonesia (BI) indicated that the inflation rate in the first week hit 0.5 percent, I don’t think it’s likely. [The inflation rate] will be below the figure,” Darmin said at […]
Read MoreTEMPO.CO, Jakarta – Energy and Mineral Resources Minister Ignasius Jonan said the government will do their best to delay electricity tariff hike for all subscribers group until the end of the year. “The government is committed to keeping tariffs as they are today, until the end of this year. We are even trying to lower the tariffs, […]
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