Jakarta Post, Jakarta-The newly appointed Industry Minister Agus Gumiwang Kartasasmita is to focus on the development of industrial zones and to increase exports of manufacturing goods during his five-year working term.
In addition to increasing exports, he said he also plans to reduce imports of consumer goodsRead more..
Jakarta Post, Jakarta- Bank Indonesia (BI) has cut the nation’s benchmark interest rate for the fourth month in a row to the lowest level in 17 months, citing the need to stoke economic growth amid rising global risks.
The central bank cut the 7 Day Reverse Repo Rate ( 7DRRR ) by 25 basis points (bps) toRead more..
TEMPO.CO, Jakarta - Finance Minister Sri Mulyani said that the Jakarta Composite Index's collapse was not caused by the announcement of ministers in President Joko Widodo's cabinet. The plummet, she said, was due to external factors.
The first factor, Sri said, was the IMF-WorldRead more..
President Joko “Jokowi” Widodo inaugurated his Indonesia Onward Cabinet to assist him during his second term, which will end in 2024, in Jakarta on Wednesday, putting an end to speculation over his minister picks.
On the economic front, nine new people are on the economic team to work with eightRead more..
TEMPO.CO, Jakarta - Bank Indonesia (BI) attended the annual IMF-World Bank meeting di Washington DC. BI deputy governor Dody Budi Waluyo said the central bank agrees that there needs to be joint efforts to enhance cooperation, mitigate risks, improve resilience, and implement policies that willRead more..