The Indonesian government will issue a decree that manages the country’s marine fisheries based on capture quotas, prompting concerns from experts that the new strategy may threaten the sustainability of fish stocks. Several marine observers note that more than half of fishing zones in Indonesia are already “fully exploited.” They also take issue with the […]
Read MoreThe drop must motivate (us) that Indonesia’s foods and beverages can be accepted and have the potential to increase their market share in China. Beijing (ANTARA) – Indonesia recorded a surplus of US$1.12 billion in its trade with China during the January–April period this year. During the period, Indonesia’s exports to China reached US$22.74 billion, while […]
Read MoreThe Indonesian government has again postponed the start of a carbon tax scheme, which was set to be implemented by 1 July, citing global risks stemming from Russia’s invasion of Ukraine. This is the second time the new tax scheme has been delayed. It was originally set to begin in April this year but was moved […]
Read MoreJAKARTA: Indonesia’s central bank will be “all out” with measures to keep inflation low, including adjusting interest rates if it sees signs of core inflation accelerating, a senior official said on Monday (Jun 27). “We will be monitoring inflation pressures, especially coming from volatile food and also the impact on inflation expectations, and in this […]
Read MoreINDONESIA’s central bank may have been able to hold out on increasing its benchmark 7-day reverse repurchase rate for the 15th consecutive month, but that streak will likely be broken by the end of the year, analysts said in separate reports on Thursday (Jun 23). Even as other central banks globally have hiked policy rates […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia (BI) projected the country’s economic growth to range between 4.5 and 5.3 percent in 2022. The central bank’s governor, Perry Warjiyo, said the forecast is in line with the ongoing domestic economic improvement, supported by increased mobility, sources of financing, and growing business activities. “With these developments, 2022’s economic growth is predicted to […]
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