More than 70 representatives from Indonesian and Cambodian companies attended a business forum in Phnom Penh yesterday to explore business opportunities and seek new partnerships in the Kingdom. It was the second such forum hosted by the Embassy of the Republic of Indonesia. The first one was held in March. The forum was attended by […]
Read More[JAKARTA] A proposal by Indonesia’s new fisheries minister to remove a cap on exporting baby lobsters has come under fire, with critics saying it could deplete stocks around the archipelago and boost the fishing industry in competitor countries. Fisheries Minister Edhy Prabowo, who was appointed by President Joko Widodo in October, has said reopening exports […]
Read MoreINDONESIAN domestic demand may remain soft into H1 2020, even as reforms speed up and exports stabilise in 2020, said Citi in its latest report on Indonesia’s economic outlook. Citi projects Indonesian domestic demand to remain soft in H1 2020, partly thanks to an expected rise in administered prices, which include electricity and cigarette excise. […]
Read MoreIndonesia’s largest bank by assets, state-owned Bank Mandiri, has allocated less cash than it did last year to meet consumer demand to draw from deposit accounts that is expected to peak during the Christmas and New Year’s Eve holidays. The managing director of consumer and retail transactions, Hery Gunardi, said on Monday that Bank Mandiri […]
Read MoreJAKARTA: Indonesia posted its biggest trade deficit in seven months in November, as exports fell more than expected and imports of consumer goods soared ahead of year-end festivities. November’s trade gap was $1.33 billion, data from the statistics bureau showed on Monday, the widest since April and much larger than the median forecast of a […]
Read More[JAKARTA] Indonesia posted its biggest trade deficit in seven months, as exports fell more than expected, data from the statistics bureau showed on Monday. November’s trade gap was US$1.33 billion, the widest since April and much worse than the median forecast of a Reuters poll of a US$130 million deficit. Southeast Asia’s largest economy had […]
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Thailand
