Thursday, 29th June 2017
Business
  • Budget deficit to widen to 2.6 percent of GDP: Finance minister
    20th June 2017
    A deficit in the 2017 state budget is expected to widen to 2.6 percent from the targeted 2.41 percent of the gross domestic product (GDP) due to extra priority spending, Finance Minister Sri Mulyani Indrawati said. "We are ...
  • Market anticipates Fed`s decision to raise interest
    18th June 2017
    The financial market has anticipated the Federal Reserves decision to raise its benchmark rate, Indonesian Coordinating Minister for Economic Affairs Darmin Nasution said. "The market has made adjustment (on the ...
  • President complains about monotony of key plants grown in regions
    18th June 2017
    Indonesian President Joko Widodo (Jokowi) has complained about the monotony of key plant commodities being developed in several parts of the country. The president made the remarks after inaugurating Kali Galeh suspension ...
  • New economic policy package expected to improve current account deficit: BI
    17th June 2017
    Bank Indonesia has expressed the hope that the recently-launched 15th economic policy package will lower services transaction account deficit and will eventually improve current account deficit. The current account ...
  • BI estimates economic growth at 5.17 percent in 2017
    17th June 2017
    Governor of the Indonesian Central Bank (BI) Agus Martowardojo has lowered the projection of economic growth for 2017 to 5.17 percent year-on-year (yoy), from 5.2 percent yoy. "I see a major correction in the third quarter ...
  • Bank Indonesia revises down economic growth projection
    17th June 2017
    Bank Indonesia Governor Agus Martowardojo said the central bank has revised down its target for the countrys economic growth this year from 5.2 percent to 5.17 percent year-on-year. "I foresee there is indeed a ...
  • Indonesia highlights commitment on trade cooperation with UNCTAD
    16th June 2017
    Indonesia affirms its commitment to strengthening trade and development cooperation with the United Nations Conference on Trade and Development (UNCTAD), noted a press statement from Indonesias permanent representative in Geneva ...
  • Government seeks to reduce electricity tariff: Energy minister
    16th June 2017
    Indonesias Energy and Mineral Resources Minister Ignatius Jonan said that the government would seek to reduce electricity tariff for all subscribers to relieve the burden of the people. "The government has a commitment that ...
  • AP II to operate nine other airports
    16th June 2017
    Angkasa Pura II would operate nine other airports in addition to the 13, which are already being operated currently in Western Indonesia area. Angkasa Pura (AP) II head, Awaluddin, said in Jakarta on Thursday that those ...
  • Minister visits China to follow up on bilateral cooperation
    16th June 2017
    Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan is on a work visit to Beijing on June 15-17 to follow up on the bilateral meetings between Indonesian President Joko Widodo (Jokowi) and Chinese President Xi ...