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Indonesia: Unemployment figure drops to 7 million

Statistics Indonesia (BPS) announced on Monday that the unemploymentfigure declined to 7 million in August, down from 7.04 million in the same month of 2017. The unemployment rate was recorded at 5.34 percent. “The unemployment rate in urban areas was higher than in villages,” said BPS head Suhariyanto in a press conference, adding that the number of manpower reached 131.01 […]

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Indonesia: Wage hike win-win, minister says

Manpower Minister Hanif Dhakiri has described the adjusted minimum wage for 2019, an 8.03 percent increase from the current figure, as a fair balance between the needs of employers, employees and prospective employees. The new minimum wage, he said, would below enough so that employers would not need to fire workers, but high enough to […]

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Indonesia’s 3Q GDP growth slows as exports fade

JAKARTA: Indonesia’s economic growth slowed in the third quarter, losing momentum after the previous quarter’s pick up and pointing to tougher conditions for the Southeast Asian economy, which has struggled with outflows from its financial markets. Gross domestic product (GDP) expanded 5.17% in the July-September quarter from a year earlier, the statistics bureau said on […]

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Indonesia: Govt ensures stable chili supply, price

The Agriculture Ministry is confident that the domestic price and supply of chilies will remain stable and adequate during the Christmas and New Year holidays, thanks to the collaboration of major chili farmers in key producing regions. “These champion chili farmers are the key to maintaining an adequate supply,” said Mardiyah Hayati, the Agriculture Ministry’s head of chili, vegetables and fruit division, on Saturday as […]

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Indonesia, UK seek to boost economic ties

Indonesia and the United Kingdom have expressed a wish to strengthen bilateral relations between the two countries amid rising global protectionism sparked by the trade war between the United States and China. Speaking at the Indonesian Briefing forum in London recently, Indonesian Ambassador to the UK Rizal Sukma stressed the importance for both countries of […]

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