Brunei Darussalam and Indonesia recorded an increase of 360 per cent (USD374.2 million) in bilateral trade volume in 2021. “Over the past four years, Indonesia has always enjoyed a surplus in trade with Brunei,” Indonesian Ambassador to Brunei Darussalam Dr Sujatmiko said on the sidelines of the introduction with members of the Indonesian Chamber of […]
Read MoreIndonesia’s move to increase the value-added tax (VAT) on goods and services from 10 per cent to 11 from April 1, 2022 is met with dismay from tourism stakeholders, who fear that higher travel costs will hamper business recovery as well as raise operating costs. The government said the increased value-added tax was needed to […]
Read MoreKUALA LUMPUR: Disaster management bodies in the Philippines and Indonesia will be among those to be used as a ‘benchmark’ for the restructuring of the country’s National Disaster Management Agency (NADMA), said Deputy Minister in the Prime Minister’s Department (Special Functions) Datuk Mastura Mohd Yazid (pix). She said the reason being that measures to strengthen […]
Read More[JAKARTA] Indonesia recorded a US$3.82 billion trade surplus in February, the highest in four months and beating expectations, as rising commodity prices boosted exports and imports rose more slowly than anticipated, official data showed on Tuesday. A Reuters poll had expected a US$1.66 billion surplus after the country reported a US$930 million surplus in January. […]
Read MoreBENGALURU : Indonesia’s central bank will only raise rates from record lows in the third quarter, several months after a widely-expected U.S. Federal Reserve rate rise this week, a Reuters poll found. Price rises in Southeast Asia’s largest economy so far have stayed benign. But Russia’s invasion of Ukraine has triggered a spike in global […]
Read MoreJAKARTA : Indonesia’s export growth likely accelerated in February due to high commodity prices, as the conflict between Ukraine and Russia fueled fears of supply squeezes and as authorities in Jakarta lifted a ban on coal exports, a Reuters poll showed. The Southeast Asian country’s trade surplus is expected to widen to $1.66 billion in […]
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Thailand
