TEMPO.CO, Jakarta – The Governor of Bank Indonesia Agus Martowardojo projects year-on-yearinflation rate in 2017 of 4.36 percent, an increase compared to late 2016 of 3.02 percent, mostly attributable to pressure from administered prices. Agus said yesterday that the projection was based on the movement in the Customer Price Index (CPI) that was down in […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati said that the tax revenue realization this year has progressed to 33.4 percent or Rp 584.9 trillion of the target set at Rp1,748 trillion. “Up until May, the tax revenue realization has progressed to 33.4 percent of the target,” she said during a meeting with the House […]
Read MoreTEMPO.CO, Jakarta – The Coordinating Ministry for Economic Affairs said that the government will launch several economic policy packages after the Eid. This is to address social gap amid efforts to achieve the economic growth target. “Within several months after the Eid al-Fitr holiday, we will launch several policies related to realizing economic equality, such […]
Read MoreJAKARTA — Motorcycle sales in Indonesia rose 15.2% in May from a year earlier, data from an industry association showed on Monday. These sales are also the highest growth rate since August 2014, according to Thomson Reuters data. Sales stood at 531,496 motorbikes in May, up from 461,506 sold in the year-ago period. It was […]
Read MoreHANOI, June 8 – Indonesian coffee discounts tightened in robust trade this week, while the Vietnam beans market was quiet due to thin supply and weak demand, traders said on Thursday. Indonesia’s robusta grade 4, 80 defects were traded at a $30 discount per tonne to the July contract, traders in Lampung said, compared with […]
Read MoreTEMPO.CO, Jakarta – The Governor of Bank Indonesia Agus Martowardojo said that the government has done a good job in controlling inflation this year. “I see major improvements,” he said when accompanying Trade Minister Enggartiasto Lukita inspecting the affordable market program in Jakarta yesterday. Aside from central and local inflation control teams, Agus also highlighted […]
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