Indonesia: Indonesia’s Q2 GDP grows 5.18% year on year, stronger than expected, as spending surges Friday, 5 August 2016 – Indonesia’s second-quarter economic growth beat analysts’ expectations amid President Joko Widodo’sefforts to spur an economy struggling in the wake of a slowdown in China and low commodity prices. Gross domestic product increased 5.18 per cent […]
Read MoreIndonesia: Oil Prices Soar as Gasoline Supply Plunges THURSDAY, 04 AUGUST, 2016 – Global oil prices rebounded to end Wednesday’s trade, or Thursday morning Indonesia time, with high profits after the U.S. release of fuel oil consumption revealed to be higher than what the market expected. Analysts believe that investors who buy oil when prices […]
Read MoreIndonesia: Govt Holds Coordinating Meeting on Inflation Control THURSDAY, 04 AUGUST, 2016 – Bank Indonesia, along with the Coordinating Ministry of Economic Affairs and the Internal Affairs Ministry, hosted the 7th National Coordination Meeting on Regional Inflation Control Team (TPID) at Grand Sahid Jaya Hotel in Jakarta, today, August 4, 2016. Opened at 09.00 am […]
Read MoreIndonesia: Govt urged to develop investment in regions: INDEF Tue, August 2 2016 – President Joko ?Jokowi? Widodo should assign a ministry to be in charge of investment development in the regions as the economic policy packages had yet to boost investment in the regions, an economist has said. Institute for Development of Economics and […]
Read MoreIndonesia: SMEs prime driver of RI economic growth: Minister Tue, August 2 2016 – Finance Minister Sri Mulyani Indrawati underlined on Tuesday the need to strengthen engagement and cooperation between the government and business players to stimulate the development of small and medium enterprises (SMEs) in Indonesia. Stronger engagement and cooperation was one of three […]
Read MoreIndonesia: Tourism Indonesia: Foreign Tourist Arrivals Rise 5.9% in H1-2016 Tue, 02 August 2016 – The number of foreign tourist arrivals in Indonesia reached 5.29 million in the first half of 2016, up 5.9 percent (y/y) from the same period one year earlier. This implies that only 44 percent of the government’s full-year target has […]
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