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View all search resultsState-owned lender Bank Mandiri announced that its 2017 profit grew by 49.5 percent year on year (yoy) to Rp 20.6 trillion (US$1.52 billion), particularly as a result of the decline in reserve costs from Rp 24.6 trillion in 2016 to Rp 16 trillion.
The Central Statistics Agency (BPS) announced on Thursday that foreign tourist arrivals to the country was recorded at 14.04 million in 2017, or 21.88 percent higher than the figure in the previous year, which was at 11.52 million.
Palm oil production in 2017 increased by 18 percent from the previous year, thanks to weather patterns that were conducive to high productivity, according to the Indonesian Palm Oil Producers Association (Gapki).
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