JAKARTA (Reuters) – Indonesia posted an $844 million deficit in its balance of payments in the final quarter of 2021, due to capital outflows from its bond market, the central bank said in a report on Friday. The current account surplus also shrank to $1.42 billion in the October-December quarter, equivalent to 0.4% of gross […]
Read MoreINDONESIA expects its economy to grow between 5.3 per cent to 5.9 per cent next year, above 2022’s 5.2 per cent growth target, even as it gradually withdraws pandemic-era fiscal support and reinstates strict fiscal rules, its finance minister said on Wednesday (Feb 16). The government will use this growth assumption to set 2023 spending […]
Read MoreJAKARTA: Indonesia’s export growth slowed more than expected in January, after authorities in the world’s top thermal coal exporter banned coal shipments, a move that shocked the global energy market. The January trade surplus was bigger than expected at $930 million, however, official data showed on Tuesday, compared with a $190 million surplus seen in […]
Read MoreJakarta (VNA) – The Finance Ministry of Indonesia has raised its tax revenue target for 2022 to 9.3 – 9.5 percent of GDP, banking on the implementation of new tax regulations and continued economic recovery. Febrio Nathan Kacaribu, head of the ministry’s Fiscal Policy Agency, said the target is higher than the 9.11 percent achieved last year, noting that this target took into account […]
Read MoreASIA-PACIFIC (APAC) coal prices are expected to moderate in 2022 as the Indonesian government lifts the coal export ban, Fitch said. The ban on coal exports in January 2022 has led to a rebound in APAC thermal coal prices but it will be short-lived, the research house said. In a report released on Feb 14, […]
Read MoreJAKARTA – Indonesia said on Monday (Feb 14) that it plans to cut the quarantine period for travellers – both foreigners and citizens who have had a booster shot – from five to three days with officials pointing to signs of a slowdown in Covid-19 cases. The new rule will take effect “starting on March […]
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Thailand
