JAKARTA (Reuters) – Indonesia expects to bring its budget to a narrower fiscal deficit next year, even as its economic growth is predicted to accelerate, senior officials said on Monday, as President Joko Widodo aims to finish its remaining infrastructure projects. Indonesia recorded a 464.3 trillion rupiah ($30.64 billion) fiscal deficit in 2022, or 2.38% […]
Read MoreTEMPO.CO, Jakarta – The Trade Ministry on Friday said the crude palm oil (CPO) reference price has increased which has affected the export duties (BK) and levies (PE) for the February 16-18 period to US$880.03 per metric ton. This number increased by US$0.72 or 0.08 percent on February 1-15 period, which was US$879.31 per metric ton. The […]
Read MoreJAKARTA: Indonesia’s central bank held its key interest rate unchanged yesterday, emphasising that the current level should be sufficient to guide inflation back to within its target range later this year. Bank Indonesia kept the benchmark seven-day reverse repurchase at 5.75%, as expected by the majority of economists in a Reuters poll. Its two other […]
Read MoreJAKARTA, Feb 16 (Reuters) – Indonesia’s central bank kept its key interest rate unchanged on Thursday, pausing after six consecutive hikes and stressing that the current level should be sufficient to guide inflation back to target, while also revising up its economic growth outlook. Bank Indonesia (BI) left the benchmark 7-day reverse repurchase rate (IDCBRR=ECI) at 5.75%, […]
Read More(Bloomberg) — Two Southeast Asian central banks are likely to take different policy actions on Thursday as inflation paths diverge, with the Philippines seen raising borrowing costs again to cool prices and Indonesia expected to hit the brakes on tightening. All 25 economists surveyed by Bloomberg see Bangko Sentral ng Pilipinas raising its benchmark rate, […]
Read MoreJakarta. Indonesia extended the positive run of international trade to 33 straight months with another surplus of $3.87 billion in January, the Central Statistics Agency of BPS reported on Wednesday. The country’s exports stood at $22.31 billion in January, down 6.36 percent from the previous month but increasing by 16.37 percent on a year-on-year basis. Its […]
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Thailand
