Asia will remain the fastest growing region of the world, but the spotlight will shift away from China to India and Indonesia. We think Indonesia is on course to join the elite ‘trillion dollar’ economy club this year. In comparison, … Continue reading →
The US Federal Aviation Administration (FAA) has upgraded Indonesia’s aviation safety rating after various assessments determined that the industry has met international standards. “After 10 years of efforts, we finally passed it,” said Mohammad Alwi, director general of air transportation … Continue reading →
Indonesia’s economy picked up speed in the second quarter, expanding at the fastest pace since Q4 2013. The result was driven by robust government spending, as President Joko Widodo’s efforts to kick the economy into a higher gear bore fruit. … Continue reading →
President Joko widodo finally announced cabinet reshuffle on Wednesday (7/27/2016). The Jakarta Composite Index (IHSG) rose 60.478 points or by 1.158 percent in the first session. IHSG briefly reached 5,301 before it declined to 5,284 at the end of the … Continue reading →
Bank Indonesia is predicting that bank credit will grow in the third quarter this year, with working capital credit to dominate due to the drop in interest rates and relaxation of macro-prudential policies. According to a banking survey carried out … Continue reading →