TEMPO.CO, Jakarta – Central bank Bank Indonesia said the government`s economic growthtarget of 5.4 to 6.1 percent in 2018 could be achieved by increasing the realization of new investment, especially for productive sectors. Head of BI Monetary and Economic Policy Department Kepala Dody Budi Waluyo in Jakarta on Friday said contribution from new investment realization from corporates […]
Read MoreJAKARTA (REUTERS) – Indonesia’s central bank has urged credit rating agency Standard & Poor’s (S&P) to raise its rating for Indonesia’s sovereign debt from junk bond status to reflect a number of recent reforms. S&P is the only one of the three major rating agencies to rate Indonesian sovereign debt so low. Speaking at an […]
Read MoreTEMPO.CO, Jakarta – The Governor of Bank Indonesia Agus Martowarojo has predicted 5.1 percent growth in the second quarter of 2017. If achieved, he said, the second and third quarter may see 5.2 percent growth. “The first quarter also grew higher compared to the previous one,” he said after the meeting of Bank Indonesia Governor […]
Read MoreRIYADH: Indonesia’s Finance Minister Sri Mulyani Indrawati said boosting economic growth above 5.6% in 2018 is “very critical” and she hopes the government won’t need to cut spending this year to keep the budget deficit in check. Exports are rebounding quite strongly and “that’s encouraging,” Indrawati said in an interview on the sidelines of the […]
Read MoreJAKARTA • Indonesian President Joko Widodo has signed a new regulation giving the tax authorities access to information on accounts held at financial institutions such as banks. The regulation was signed last week as part of Indonesia’s pledge to join the Automatic Exchange of Information (AEOI) initiative led by the Organisation for Economic Cooperation and […]
Read MoreTEMPO.CO, Jakarta – The decline in the logistic sector financing appears to have insignificant impacts on investments in infrastructure projects. Indonesian Forwarder and Logistics Association (ALFI) chairman Yukki Nugrahawan Hanafi said that there is actually an increase in the realization of infrastructure developments. “The optimization of and investment in the e-logistics sector are improving,” Yukki said as […]
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