TEMPO.CO, Jakarta – The Tourism Ministry has revised upward the number of Malaysian touristsvisiting Indonesia this year to 2.6 million from 1.4 million. “In the January-June 2018 period, 1.4 million Malaysians visited Indonesia. Hopefully, the number will increase to 2,670,000 at the end of this year,” deputy assistant of marketing development at the Indonesian Tourism Ministry, Sumarni said on […]
Read MoreThe Indonesian Private Electricity Producers Association (APLSI) has expressed concern over the government’s plan to postpone the construction of power plants worth US$23.9 billion. APLSI spokeman Rizal Calvary said state-owned electricity company PLN did not give a detailed explanation about the reason behind the postponement. “[The postponement] upset [those] who have an interest in the projects, particularly the creditors,” he said in […]
Read MoreAn economist at the Institute for Development of Economics and Finance (Indef) has said the government policy on imposing a higher import tax on foreign-made products would push up prices and thus increase inflation. Indef economist Bhima Yudhistira also expressed pessimism that the policy would push down the current account deficit (CAD) at its present figure of 3 percent of gross […]
Read MoreAlthough the rupiah strengthened to below Rp 14,900 per US dollar on Thursday, Finance Sri Mulyani Indrawati has said that the government and the central bank would monitor the currency amid global uncertainty. In the foreign exchange spot market, the rupiah was quoted at Rp 14,892 per US dollar on Thursday, strengthening 0.30 percent from its position […]
Read MoreBank Indonesia Governor Perry Warjiyo has said the rupiah, which was quoted at Rp 14,954 per US dollar on Tuesday, is away from its fundamental value. “It is true that the rupiah exchange rate depends on market sentiments. Based on its fundamental calculation, the currency is not weakening,” Perry said at the House of Representatives in […]
Read MoreTEMPO.CO, Jakarta – The Minister for Energy and Mineral Resources (ESDM) Ignasius Jonan assured the price of Premium and Solar-branded fuel would remain unchanged in the near time. “The government does not plan to increase the fuel price in the near time. That’s the answer,” said Ignasius when asked about the possible increase in fuel price during a discussion […]
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