The Indonesian economy could become the world’s 7th largest economy by 2030 if suitable measures are taken to speed up the digitalisation of economic and financial areas, President Joko Widodo has said. Jakarta (VNA) – The Indonesian economy could become the world’s 7th largest economy by 2030 if suitable measures are taken to speed up the digitalisation […]
Read MoreJakarta (ANTARA) – Trade Minister Muhammad Lutfi has forecast Indonesia’s digital economy to record an eightfold growth in 2030 to reach Rp4,531 trillion, from Rp632 trillion currently. “The e-commerce sector is estimated to still dominate the map of Indonesia’s digital economy in 2030, with a contribution of Rp1,908 trillion, or around 33-34 percent from the […]
Read MoreSINGAPORE (BLOOMBERG) – The Indonesian rupiah could be Asia’s best-performing currency for the rest of the year with elevated commodity prices boosting the nation’s trade surpluses. The exporter of coal and palm oil is benefiting from a global energy crisis that has roiled many of its peers that are net commodity importers. Indonesia is due […]
Read MoreEconomist at UOB Group Enrico Tanuwidjaja and Yari Mayaseti assess the latest inflation figures in Indonesia. Key Takeaways “Indonesia’s annual inflation rate stood at 1.60% y/y in September vis-à-vis 1.59% a month earlier, but slightly below market expectations at 1.69% (Reuters). This was the highest inflation rate since May, amidst loosening restrictions in some regions […]
Read MoreWe are keen to showcase our contribution through spices and through green, sustainable, and responsible products Dubai (UAE) (ANTARA) – Small and medium enterprises (SMEs) that managed to penetrate the export market are the economic pillars of Indonesia that should be encouraged, Trade Minister Muhammad Lutfi stated. In the “45 Minutes with Trade Minister” event […]
Read MoreIndonesia’s House of Representatives has approved the 2022 state budget bill, marking the beginning of the process of fiscal consolidation of the largest economy in Southeast Asia after nearly two years of heavy spending on COVID-19 response efforts. Jakarta (VNA) – Indonesia’s House of Representatives has approved the 2022 state budget bill, marking the beginning of […]
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