The government is seeking to build more self-managed bonded zones to realize President Joko “Jokowi” Widodo’s wish to boost exports and investments by providing fiscal incentives and easing bureaucratic processes.
The Finance Ministry on Sept. 19 announced that as many as 119 of theRead more..
KONTAN.CO.ID - JAKARTA. Indonesia's central bank on Thursday cut its benchmark interest rate for the third time in three months, as expected, as it tries to lift sluggish economic growth.
Bank Indonesia (BI) trimmed the 7-day reverse repurchase rate by 25 basis points (bps) to 5.25%, bringing theRead more..
The US Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a higher bar to further reductions in borrowing costs, eliciting a fast and sharp rebuke from President Donald Trump.
Describing the US economic outlook as “favorable,” FedRead more..
REPUBLIKA.CO.ID, JAKARTA -- Russian President Vladimir Putin is scheduled to visit Indonesia in early 2020 to mark seven decades of diplomatic relations between Indonesia and Russia. Before the commemoration of diplomatic ties, the Indonesian and Russian governments have prepared several memoranda of understandingRead more..
REPUBLIKA.CO.ID, JAKARTA -- The Indonesian Chamber of Commerce and Industry (Kadin) is encouraging local businessmen to export their franchise to the international market. "It would be better if we can sell our franchise business to the international market, while we also buy into foreign franchisees,"Read more..