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Indonesia books US$360.7 billion in foreign debt in August

Indonesia’s foreign debt – which includes debts from central banks, governments and the private sector – stood at US$360.7 billion in August, growing by 5.14 percent year-on-year (yoy), driven by growth in private sector debt amid slowdowns in government and central bank debt. Bank Indonesia (BI) said in a statement that the structure of Indonesia’s foreign debt remained […]

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Asia’s Most Visited Countries

NEW DELHI (DataLEADS/ANN) – China attracts the highest number of tourists in the region with a record number of inflow of 59.27 million people in the year 2016. South East Asian region receives the highest number of travellers with China topping the list, according to the World Tourism Organisation report. Tourism has been one of […]

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Indonesia trade balance swings to positive

JAKARTA: Indonesia’s trade balance unexpectedly swung back to surplus in September as imports and exports grew much slower than expected, data released by the statistics bureau showed yesterday. Indonesia, South-East Asia’s largest economy, reported a trade surplus of US$230mil for September, compared with a US$500mil deficit expected in a Reuters poll. The country revised its trade deficit in August to US$944mil. September imports were worth […]

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