TEMPO.CO, Jakarta – Finance Minister Sri Mulyani said that Indonesia`s debt to GDP ratio is lower than other countries. “Indonesia’s debt [to GDP] ratio is quite high. But not as high as othercountries,” she said in South Tangerang on Monday, April 17, 2017. Sri Mulyani said that Indonesia’s debt to GDP ratio currently stands at […]
Read MoreTEMPO.CO, Jakarta – Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan, said that the government will strive to reduce logistic costs in Indonesia. “The dwelling time has now improved, but costs remain high,” Luhut said at his office in Jakarta on Tuesday, April 18, 2017.L Luhut revealed that the government is reviewing each component of logistic […]
Read MoreTEMPO.CO, Jakarta – The Central Statistics Agency or BPS reported January to March 2017 trade surplus was at USD 3.92 billion; the highest figure since 2015. Export value in March 2017 was recorded at US$14.59 billion or a 15.68 increase compared to the previous month and a 23.55 percent increase compared to March 2016. Meanwhile, […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia predicts inflation rate to increase in July 2017. Price volatility due to Eid al-Fitr holiday and high administered prices can cause inflation. The Central Statistics Agency noted that as of March 2017 the inflation rate of the calendar year stands at 1.19 percent and the annual inflation rate stands at 3.61 […]
Read MoreWith Indonesia’s pharmaceutical and food and beverage (F&B) manufacturing industries growing rapidly, Jakarta’s AllPack Indonesia trade event last October offered valuable insights into these increasingly competitive sectors. According to figures from Indonesia Investments, a Dutch-owned investment advisory service, the country’s manufacturing industry was worth about US$156 billion in 2015, representing 18.1 per cent of its […]
Read MoreTEMPO.CO, Jakarta – Vice President of the Republic of Indonesia Jusuf Kalla has ensured that Indonesia’s political situation is stable and there is no major turmoil that would hamper investment. VP Jusuf Kalla conveyed the message in his opening speech at The 3rd Islamic Development Bank Member Countries Sovereign Investments Forum in Nusa Dua, Bali, […]
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