Tags Posts tagged with "Economy of Indonesia"

Economy of Indonesia

Indonesia rupiah hits 17-year low on slowing economy

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Indonesia's rupiah dropped to a 17-year low against the US dollar on June 4, pressured by slowing economic growth and high inflation in Southeast...
Indonesia’s GDP to surge, surpassing Russia’s, Australia’s by 2023

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Southeast Asia’s most populous nation, Indonesia, is set to become a trillion-dollar economy as early as in two years, according to a forecast by...
Big fund managers bullish about Indonesia

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Despite Indonesia’s widening current account deficit, major fund managers globally are holding on to their rupiah assets as they maintain a bullish outlook about...
Foreign investors criticise Indonesia’s new investment rules

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Indonesia's new foreign-investment rules, rather than attract new investors, could deter them from entering energy, agriculture, retail, storage and other sectors, business lobby groups...
Indonesia says fight against corruption gains ground

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Indonesian officials say their country has made significant progress in cracking down on corruption over the past three years. Officials on February 10 announced...
Indonesia aims at 15% more foreign investment

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Indonesia on January 21 set an ambitious target of attracting 15 per cent more foreign investment in 2014 than in 2013, a challenging goal...
Indonesia heading for economic disaster – analyst

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Despite making progress over the past years with annual GDP growth of 6 to 8 per cent, the Indonesian economy has lately been experiencing...
World Bank confident of Indonesia despite pressures

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The World Bank says Indonesia can cope with current economic pressures due to its strong economic fundamentals and fiscal policy, according to a statement...
World Bank cuts Indonesia’s growth forecast

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The World Bank has cut its economic forecast for Indonesia for 2013 and 2014, citing weaker commodity prices, tighter global liquidity and slowing domestic...
Indonesia top judge arrested for corruption

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Indonesia's anti-graft commission has arrested the head of the Constitutional Court, Akil Mochtar, on suspicion of corruption in the country's latest high-profile graft scandal. Corruption Eradication...
Indonesia’s economy gets some relief

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Indonesia on October 1 reported a surprise trade surplus for August 2013, its first in five months, offering some relief to the ailing rupiah,...
Indonesia posts biggest-ever trade deficit

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Indonesia on September 2 unexpectedly reported a record trade deficit for July 2013 of $2,3 billion, up from $880 million in the previous month...
Southeast Asia in the stranglehold of capital outflows

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What is currently happening in Southeast Asia’s economies needs closer attention. It seems that the major nations have hit a speed bump in their...

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The Indonesian government and central bank have indicated that they will take concerted action to prevent further depreciation of the rupiah and to support...
Indonesia announces $173b budget for 2014

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The Indonesian government unveiled a $173 billion budget draft for 2014 on August 16 that is aimed at boosting a slowing economy before elections...
Indonesia rupiah weakens above 10,000 to the dollar

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For the first time since 2009, the Indonesian currency crossed the 10,000 rupiah barrier to the US dollar on July 15 according to Bloomberg...
World Bank slashes Indonesia growth outlook

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The World Bank on July 2 downgraded its GDP growth forecast for Indonesia in 2013 to 5.9 per cent from 6.2 per cent. It...
Bank Indonesia surprises with benchmark rate hike to 6%

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Bank Indonesia, the country's central bank, said on June 13 in an emailed statement that it has raised the benchmark interest rate by 25...