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2017

Renewable energy production exceeds 2017 target
Business 8 years ago

Renewable energy production exceeds 2017 target

The Energy and Mineral Resources Ministry has announced that, as of December 2017, renewable energy contributed to 12.62 percent of the total national electricity supply, exceeding the 2017 state budget target of 11.96 percent.
Tax revenue meets 89.7% of target: Tax office boss
Business 8 years ago

Tax revenue meets 89.7% of target: Tax office boss

Director General of Taxation Robert Pakpahan announced on Friday that his office had collected Rp 1.15 quadrillion (US$80.57 billion) in tax revenue in 2017 or 87.7 percent of the target set in the 2017 state budget.
Oil & gas lifting, production less than 1.5% below 2017 target
Business 8 years ago

Oil & gas lifting, production less than 1.5% below 2017 target

The nation's oil and gas production and lifting – or ready-to-sell production – achieved only slightly less than their projected targets in the 2017 state budget.
Tax revenue meets 91% of 2017 target: Minister
Business 8 years ago

Tax revenue meets 91% of 2017 target: Minister

Finance Minister Sri Mulyani Indrawati has announced that Rp 1.34 quadrillion (US$93.79 quadrillion) in taxes had been collected by the yearend, or 91 percent of the Rp 1.45 quadrillion revenue target as set in the 2017 State Budget.
BPS records 3.61 percent inflation in 2017
Business 8 years ago

BPS records 3.61 percent inflation in 2017

The Central Statistics Agency (BPS) on Tuesday recorded the country’s inflation rate at 3.61 percent, lower than the 4.3 percent target set in the 2017 State Budget.
Jokowi concludes this year’s single-fuel-price program
Business 8 years ago

Jokowi concludes this year’s single-fuel-price program

The government has concluded this year’s single-fuel-price program by establishing 57 fuel distribution agents in remote regions nationwide.
40 richest Indonesians control Rp 1.62 quadrillion in assets
Business 8 years ago

40 richest Indonesians control Rp 1.62 quadrillion in assets

The combined wealth of Indonesia’s 40 richest people in 2017 reached Rp 1.62 quadrillion (US$119.2 billion), according to Megawati Institute executive director Arief Budimanta.
From Russian doping to FIFA bribery, 2017 proves dark time
Sports 8 years ago

From Russian doping to FIFA bribery, 2017 proves dark time

Russia being banned from the Winter Olympics stole the headlines but may also have overshadowed an otherwise sorry year for sport in terms of scandals.
SOEs projected to lose Rp 4 trillion in 2017
Business 8 years ago

SOEs projected to lose Rp 4 trillion in 2017

Thirteen out of the 115 state-owned enterprises (SOEs) are projected to suffer financial losses to the tune of Rp 4 trillion (US$295 million) this year, with national carrier PT Garuda Indonesia and steel giant PT Krakatau Steel accounting for at least half of the sum.
Sri Mulyani estimates 5.05% economic growth this year
Business 8 years ago

Sri Mulyani estimates 5.05% economic growth this year

Finance Minister Sri Mulyani Indrawati has set a more realistic forecast for economic growth of 5.05 percent year-on-year ( yoy ) by year-end, lower than the 5.2 percent target stipulated in the revised 2017 state budget.
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