Tag Archives: indonesia

Trade Minister Enggartiasto Lukita has estimated that export growth in 2018 would reach only 7.5 percent, far below the targeted 11 percent, although the official result has not been released. Last year’s 11 percent target was already lower than the 16 percent export growth achieved in 2017. Enggartiasto has attributed the lower export growth to global economic turbulence that led […]

Warung Tiga Putri is not your typical warung . Although it sells snacks, cigarettes and assorted knick-knacks like countless other ramshackle convenience stores across Indonesia’s towns and cities, the tiny bright-yellow kiosk does much more for it is one of Indonesia’s growing number of smart warung . No fewer than five CCTV cameras at the busy Jakarta kiosk collect data […]

The Indonesian government is going on a streak to weather down external shocks affecting the country’s economic performance. After Bank Indonesia raised its seven-day repo rate by another 25 basis points to six percent on Thursday, the government announced on Friday that it had launched the 16th economic package aimed at relaxing regulations pertaining to investment. […]

Online ads in Singapore offering Indonesian maids for sale were Wednesday condemned as “unjust and demeaning”, in a rare flare-up of tensions between the neighbours over domestic helpers. Singapore is home to almost 250,000 maids, mostly from poor parts of Indonesia or the Philippines, who head to the wealthy city-state to earn higher salaries than […]

The rupiah weakened slightly on Wednesday to Rp 14,863 per US dollar, from Rp 14, 835 on Monday, according to Bank Indonesia’s Jakarta Interbank Spot Dollar Rate (JISDOR). Samuel Sekuritas Indonesia economist Ahmad Mikail said the weakening trend might continue should the dollar index remain at 95. He said the dollar was still in a […]

Finance Minister Sri Mulyani has said that Indonesia should be aggressive in looking for new palm oil markets because of various problems in the traditional markets, such as negative campaigns against the commodity and the impact of the ongoing trade war. “We should not act defensively or just wait and see,” said Sri Mulyani when […]

The government is determined to carry out all necessary measures to prevent forest and land fires from spreading on the island of Sumatra, as the Asia Games are set to kick off on Aug. 18 in Jakarta and Palembang, South Sumatra, at the peak of the dry season. Coordinating Political, Legal and Security Affairs Minister […]

With no end in sight to trade tensions between the United States and China, domestic tire producers may bear the brunt of the spat as a revision to a ministerial regulation has made it easier for tire products to enter the Indonesian market, Fitch ratings agency has said in a statement. Trade Ministry Regulation No. […]