JAKARTA : Indonesia’s central bank left interest rates at a record low on Thursday, saying it was monitoring risks from rising inflation while downplaying recent pressure on the rupiah currency. Bank Indonesia is expected to raise rates in the third quarter, analysts say, to shore up a weaker rupiah and guard against capital outflows from […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati in her acceptance speech at the Lagawi Festival on Thursday said small and medium industries have become one of Indonesia’s economic backbone. She mentioned that the higher the consumption of local products, the stronger it will be for Indonesia’s economy. “The higher the local product consumption, it will strengthen our economy and […]
Read MoreTEMPO.CO, Jakarta – The World Bank saw the possibility that Indonesia’s economic growth rate could slow down to 4.6 percent this year, affected by unstable global conditions. For 2023, the World Bank predicts Indonesia’s growth could be stuck at a level of 4.7 percent. “The global economic environment could create a downward pressure in that projection,” the World […]
Read MoreSamarinda, E. Kalimantan (ANTARA) – The gross domestic product (GDP) from Indonesia’s creative economy sector in 2021 grew by 4.04 percent, contributing quite well to the national economic growth. “In 2020, the creative economy sector was corrected 1.70 percent. However, in 2021, the GDP of Indonesia’s creative economy sector has grown by 4.04 percent,” Director […]
Read MoreBENGALURU, June 21 (Reuters) – Bank Indonesia will leave its key interest rate steady at 3.50% on Thursday but over one-quarter of economists in a Reuters poll expect a rate rise to stem imported inflation from a weak rupiah currency as the U.S. Federal Reserve tightens aggressively. Indonesia’s central bank is one of a few major Asian […]
Read MoreTo support energy transition, collaboration is needed Jakarta (ANTARA) – The Indonesian government offered investment to develop the energy sector, especially oil and gas, to the Government of Norway to enable Indonesia to realize its energy transition and carbon neutrality program in future. “Norway has technology and experience in the energy sector. This is a […]
Read More
Thailand
