Indonesia's October Inflation Eases, but Core Rate at 15-Month High
Nov 1, 2024 — Indonesia's headline annual inflation rate cooled in line with expectations, but its core inflation rate accelerated to its highest in over a year, official data showed on Friday. The October headline inflation rate was 1.71%, easing from 1.84% in September and close to the median forecast of 1.68% by analysts in a Reuters poll. The October ...
Indonesian President Meets Biden and Speaks with Trump, …
1 day ago — POLITIC - WASHINGTON. Indonesia's President Prabowo Subianto met with U.S. President Joe Biden at the White House on Tuesday and offered his congratulations to President-elect Donald Trump by phone during an official visit to Washington. "I will work very hard to strengthen Indonesian-United States relationship, and I would like to work towards ...
Indonesian Bankers Say Growth, Inflows Could be Hit by Trump's …
20 hours ago — Indonesia's growth and portfolio investment could be hit if planned policies of U.S. President-elect Donald Trump disrupt global trade and make it harder to cut interest rates, bankers at state-run lenders told a parliamentary hearing on Wednesday. A U.S.-China trade war could take around 0.2 percentage points off Indonesia's economic growth ...
Indonesia's FX Reserves Rise to Record $151.2 bln at End-October
Nov 7, 2024 — Indonesia's foreign exchange reserves rose by $1.3 billion in October to a record $151.2 billion due to the state revenues from tax and services as well as the government's foreign loans, the central bank said. The reserves were equal to 6.6 months of imports, above international standards and adequate to support Indonesia's external resilience ...
26,000 Containers Blocked at Ports, Indonesia Issues New …
May 18, 2024 — The Indonesian government is taking action to address import licensing issues that have resulted in 26,000 containers being held up at ports. The hope is that this action will streamline the flow of incoming goods in the future. Airlangga Hartarto, the Coordinating Minister for Economic Affairs, stated that President Joko Widodo has directed a ...
Indonesian President Starts U.S. Visit with Call to Trump Ahead of ...
2 days ago — Indonesian President Prabowo Subianto congratulated Donald Trump on his election victory in a phone call after landing in Washington on an official visit that includes a meeting with President Joe Biden on Tuesday. Prabowo, who has said he will pursue a non-aligned foreign policy, posted a video of his call to Trump made after he arrived from ...
Indonesia Plans to Import 1 Mln Dairy Cows Over 2025-2028
Nov 5, 2024 — IMPORT - JAKARTA. Indonesia plans to import 1 million dairy cows from 2025 to 2028 in a move to increase milk production needed for the president's free meals programme, according to agriculture ministry data presented at a parliamentary hearing on Tuesday. Read Also: Indonesia's Q3 GDP Growth at 4.95%, Slightly Slower Than Q2.
Indonesia Increases Investment by IDR1.9 Trillion to Three ...
Jan 9, 2024 — Through PMK 161/2023, Sri Mulyani stated that the investment increase in these three IFIs comes from the 2024 State Budget. This policy was also issued to implement the provisions of Article 32 paragraph (3) of Law Number 19 …
Indonesia Launches Central Counterparty Clearing House
Sep 30, 2024 — Indonesia launched on Monday a central counterparty clearing house (CCP) for foreign exchange and money market transactions as it aims to deepen the capital markets of Southeast Asia's largest economy. The CCP should help integrate Indonesia's currently fragmented and segmented money and foreign exchange markets, facilitating liquidity for ...
Indonesia to Respond Appropriately to South China Sea Incidents ...
Oct 31, 2024 — Indonesia's position on the South China Sea remains unchanged and it will respond appropriately to safeguard its territory, an official said on Thursday, after a Chinese coast guard vessel interrupted a survey by Jakarta's state energy firm. Indonesia said last week it had driven the Chinese coast guard ship away three times in just a few days ...