The Indonesian Energy and Mineral Resources Ministry has decided to extend its contract to supply gas to Singapore for five years from the initial expiry date of 2023. Jakarta (VNA) – The Indonesian Energy and Mineral Resources Ministry has decided to extend its contract to supply gas to Singapore for five years from the initial expiry date of […]
Read MoreJAKARTA : Indonesia’s inflation rate eased in October but remained above the central bank’s target range for five straight months, statistics bureau data showed on Tuesday, against market expectations for a slight acceleration. The headline annual inflation rate cooled to 5.71 per cent in October, compared with 5.95 per cent in September and 5.99 per […]
Read More(Bloomberg) — Indonesia’s inflation pulled back in October as gains in food prices slowed, cushioning the blow of higher pump prices. Headline inflation rose 5.71% year-on-year, much slower than the near-6% notched in September and expected by analysts for this month. Food inflation retreated to 7.04% versus 8.69% in September, while energy costs surged 17%. […]
Read MoreINDONESIAN e-commerce company Bukalapak on Monday (Oct 31) posted an 86 per cent growth in revenue to 898 billion rupiah (S$81.3 million) for the third quarter ended Sep 30. This comes as the company shifted its focus on generating revenue from a lower cost base, and contribution from its online-to-offline business segment Mitra Bukalapak rose […]
Read MoreJAKARTA : Indonesia’s central bank expects headline inflation this month to ease to 5.8 per cent year-on-year and food inflation to come in below 10 per cent amid efforts by authorities to shore up food supplies, a deputy governor said on Monday. The annual inflation rate in Southeast Asia’s biggest economy in September reached a […]
Read MoreJAKARTA : Indonesia’s economy is expected to grow by 5.7 per cent in the third quarter from a year earlier, the finance ministry’s fiscal policy agency head Febrio Kacaribu told a seminar on Friday. Indonesia’s statistic office is due to announce third quarter gross domestic product growth data on Nov 7. Source: Reuters
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