TEMPO.CO, Jakarta – President Joko Widodo or Jokowi said that there is one factor hampering the government in taking Indonesia to a level where the country is acknowledged as competitive by the international community. “What crushes our competitiveness is corruption, it is our common enemy,” said President Jokowi during a meeting with the House of Representatives (DPR) […]
Read MoreTEMPO.CO, Jakarta – The Indonesian governments debts have reached Rp3,779.98 trillion as of late July 2017 to achieve the countrys economic growth target, the Directorate General of Financing and Risk Management of the Finance Ministry said. The debts that resulted from state securities were worth Rp3.045 trillion and those from new loans were worth Rp734.98 trillion, which accounted […]
Read MoreMost Southeast Asian stock markets ended higher on Wednesday, in line with broader Asia, with Indonesia gaining nearly 1% and the Philippines ending at a near three-week high. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.6%, as relative calm in the standoff between the United States and North Korea lifted investors’ appetite for […]
Read More[JAKARTA] Indonesia posted its first trade deficit since late 2015 in July, as imports surged more than exports did, the statistics bureau said on Tuesday. South-east Asia’s largest economy had a trade deficit of US$271.2 million in July. A Reuters poll had forecast a US$1.1 billion surplus. June’s trade surplus was revised on Tuesday to […]
Read MoreJAKARTA – Indonesia’s statistics bureau on Tuesday said it has revised the value of exports and imports in June, resulting in a bigger trade surplus that month. The bureau said Indonesia’s trade surplus in June was around $1.67 billion instead of the $1.63 billion initial estimate given a month ago. June exports were revised to […]
Read MoreTEMPO.CO, Jakarta – The trilateral partnership forum of Indonesia, Malaysia, and Thailand, is currently discussing on strengthening the services of halal products in the ASEAN region and a mutually beneficial economic improvement. Minister of Religious Affairs Lukman Hakim Saifuddin said that the Indonesia-Malaysia-Thailand growth triangle (IMT-GT) forum is a strategic moment to build an alliance between three countries in […]
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