JAKARTA: Indonesia is planning regulation to ensure primary bond dealers produce only “factual” research, senior government officials said, in a move that is likely to add to bankers’ concerns about a growing backlash over negative investment commentary. The officials’ remarks came after the Indonesian government cut its business ties with JPMorgan Chase & Co following […]
Read MoreJAKARTA – Indonesia attracted 855,545 foreign tourists in November, up 18.32% from a year earlier, the statistics bureau said on Tuesday. That compares with October’s growth pace of 15.62%. The total number of visitors in November, including those passing through Indonesia’s borders from neighbouring countries and foreign workers with permits for less than one year, […]
Read MoreToni Prasetiantono, an economist from Gadjah Mada University (UGM) in Yogyakarta pointed out three major factors that can maintain and even boost the national economic growth. Speaking at the Indonesia Outlook 2017 at UGM on Friday, December 16, 2016, Toni said that the three factors could provide opportunities for the Indonesian government to maintain and […]
Read MoreFinance Minister Sri Mulyani that the domestic economy will not be affected by the Federal Reserve’s decision to increase its key interest rate or the Fed Fund Rate (FFR). The minister said Indonesia is among the world’s developing countries with the fastest growth of five percent. According to Mulyani, some factors that will stand against […]
Read MoreThe Agriculture Ministry’s Quarantine Agency recorded that the volume of illegally imported food in border areas reached approximately 2.5 million kilograms or 2,500 tons in 2016. The agency’s chief, Banun Harpini, said that food items that were imported illegally include 1.66 million kilograms of shallots, 723,700 kilograms of rice, 160,269 kilograms of beef, 3,100 kilograms […]
Read MoreIndonesia`s imports rose by 10 percent to US$12.65 billion in November 2016 from US$11.50 billion a month earlier, the Central Bureau of Statistics (BPS) said. BPS Deputy Chairman for Distribution and Service Statistics Sasmito Hadi Wibowo told a press conference on Thursday that machine and electrical appliance imports went up 15.23 percent to US$210.3 million. […]
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