Indonesia recorded a slight increase in consumer prices in October as lower foodstuff prices offset hikes in those of food and beverages, cigarettes and tobacco, Statistics Indonesia (BPS) announced on Friday.
Inflation stood at 0.02 percent last month, reversing the 0.27 percent deflation inRead more..
TEMPO.CO, Jakarta - Strong global headwinds continue to cast a shadow over Indonesia's economy, stated Executive Director of the Bank Indonesia (BI) Communication Department Onny Widjanarko.
The ongoing export shrinkage has improved in spite of ebbing global demand and lowerRead more..
TEMPO.CO, Jakarta - Following the decision to relocate the capital city to districts of Kutai Kartanegara and Penajam Paser Utara in East Kalimantan, the government was required to review the construction plan of Balikpapan-Samarinda toll road.
The head of Toll Road Regulatory AgencyRead more..
An unfavorable global economy is causing many businesses to hold back on expansion, resulting in banks’ loan disbursement growth slowing until the third quarter of this year.
The latest data from Bank Indonesia (BI) shows bank lending slowed to 8.59 percent year-on-year (yoy) in August, the weakest growthRead more..
West Java Governor Ridwal Kamil will summon representatives from PT Kereta Cepat Indonesia China (KCIC) and other related parties in charge of the Jakarta-Bandung high-speed railway project following a construction mishap that led to a fatal explosion from an underground oil pipe belonging to state-owned energyRead more..