This achievement indicates that Indonesia’s economic recovery continues as global demands recover. Jakarta (ANTARA) – Indonesia’s export value in August 2021 had reached US$21.42 billion, bracing an all-time high ever since US$18.60 billion was recorded in August 2011, Coordinating Minister for Economic Affairs Airlangga Hartarto stated. Export realization rose by 20.95 percent (mtm), or 64.1 […]
Read MoreJAKARTA :Indonesia’s exports hit a record high of US$21.42 billion in August, boosted by surging commodity shipments, helping Southeast Asia’s biggest economy post its largest ever monthly trade surplus, official data showed. Robust exports helped Indonesia pull out of recession in the second quarter, but analysts say its recovery may be slowed by COVID-19 infections […]
Read MoreJAKARTA : Indonesia’s central bank repeated a pledge keep interest rates low until there are signs of rising price pressures to support an economic recovery, Destry Damayanti, its senior deputy governor, told a parliamentary commission on Tuesday. Bank Indonesia’s next monetary policy review is scheduled for Sept. 20 to 21. The country’s inflation rate in […]
Read MoreIndonesia’s trade surplus surges to record as exports rise. The rupiah is set to benefit from strong export performance, economists at ING report. Trade surplus hits record as exports surge “Indonesia’s trade report showed exports and imports post double digit gains in August as activity recovered from the low level of trade in 2020. Surging […]
Read MoreJakarta (ANTARA) – Indonesia’s digital transformation focuses on 10 priority sectors to expedite the realization of digital infrastructure, government, economy, and society, according to the Communication and Informatics Minister Johnny G.Plate said. “The 10 sectors are digital transportation and tourism, digital trade, digital financial services, digital media and entertainment, digital agriculture and fisheries, digital real […]
Read MoreJakarta. The Indonesian central bank has recently inked a deal with its Chinese counterpart on the use of their respective currencies when it comes to bilateral trade. In fact, Bank Indonesia has reached the so-called local currency settlement with neighboring Malaysia and Thailand since 2018, as well as with Japan since last August. A central bank […]
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