The Central Statistics Agency (BPS) recorded that inflation rate for September 2016 currently sits at 0.22 percent with the consumer price index currently recorded at 125,41. Certain items in the category of processed foods, beverages, and tobacco experienced a 0.34 percent … Continue reading →
The international rating institution Standard and Poors will raise Indonesias investment rating to the investment grade if the government achieves its tax amnesty redemption target, the DBS Banks economic team has predicted. “Repatriated funds will also maintain the rupiahs resistance … Continue reading →
The House of Representatives’s budget committee and the government have agreed on a cap on the state budget for next year, anticipating a slow global economy to drag down the country’s growth. The committee agreed on Rp 2,081 trillion ($160 … Continue reading →
Asian Development Bank predicts impacts of the economic packages launched by the government will be seen in national economic growth in 2017. “The packages will bring impacts on investment and growth in 2017,” Deputy of ADB representative office in Indonesia, … Continue reading →
The Indonesian government is preparing a special economic policy containing investment packages specially aimed at supporting peat land restoration currently underway int he country. “We would invite the ministry of finance, the Capital Investment Coordinating Board (BKPM)and the President for … Continue reading →