The Indonesian government and House of Representatives have settled on an economic growth target of 5.1 percent for 2017, anticipating weak government spending to continue next year. The target was lower than the 5.2 percent target set for 2016 and … Continue reading →
A research by Institute of Chartered Accountants in England and Wales (ICAEW) report titled Economic Insight: Southeast Asia projects Indonesia’s actualized investments to reach 6.2 percent next year. The projection is based on the assumption that the economy will grow … Continue reading →
Indonesia’s annual inflation rate in August slowed further from the previous month, to its lowest pace since December 2009, the statistics bureau said on Thursday (01/09). Consumer prices rose 2.79 percent from a year ago in August, the bureau said, compared to a 3.21 … 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 →