Indonesia’s economic growth projected at 5.14 percent in 2020 Chief economist of state lender Bank Mandiri Andry Asmoro has estimated the national economy to grow by 5.14 percent in 2020, spurred by consumption and investment. […]
African swine fever kills 30,000 pigs in Indonesia’s North Sumatra Nearly 30,000 pigs have died from African swine fever (ASF) in Indonesia’s North Sumatra province as of Dec. 15, causing millions of dollars of economic […]
Indonesian GDP growth slows further amid cooling investment, exports Indonesia’s economic growth has slowed further in 2019 to a level unseen in more than two years as global economic uncertainty has spilled over to the […]
Indonesia’s trade deficit touches US$1.33 billion inb November Indonesia recorded a trade deficit of US$1.33 billion in November 2019, with exports reaching $14.01 billion and imports, $15.34 billion, according to the Central Bureau of Statistics […]
Indonesia breaks into UNDP’s high human development category For the first time in its history, Indonesia has made it into the United Nation’s high human development category thanks to its improved ranking in the 2018 […]
Indonesia’s mobile ads record highest growth rate in the world With 64 percent of its total population connected to the internet as of last year, Indonesia is likely to become the country with the third-largest […]
World Bank Says Indonesia Forest Fires Cost $5.2 Billion in Economic Losses The total damage and economic loss from forest fires in Indonesia this year amounted to at least $5.2 billion (4.05 billion pounds), equal […]
Indonesia’s GDP growth to remain sluggish, or even slow next year: Analysts Indonesia’s GDP growth is expected to remain sluggish in 2020 as weakening exports and commodity prices in addition to global uncertainties continue to […]
EU Fuels Indonesia Trade Tensions With 5-Year Biodiesel Tariffs The European Union imposed five-year tariffs on biodiesel from Indonesia to counter alleged subsidies to producers in the country, a move that could prompt the Indonesian […]
Forget the Dollar: Indonesia, Japan Agree to Settle Cross-Border Transactions in Local Currencies Indonesia and Japan have agreed on a local currency settlement deal that will allow both countries to use the rupiah and the […]
Indonesia’s economy forecast to record 5.05 percent growth in 2019 Vice Finance Minister Suahasil Nazara has projected Indonesia’s economy to register a slower paced growth in 2019 as compared to the previous year owing to […]
Indonesia’s GDP growth to further decline in 2020: Moody’s Indonesia’s gross domestic product (GDP) is expected to grow by only 4.9 percent this year and further decline to 4.7 percent in 2020 — the slowest […]