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October

Exports see unexpected gain as Chinese, Indian demand picks up
Economy 3 years ago

PREMIUM
Exports see unexpected gain as Chinese, Indian demand picks up

Indonesia’s trade balance experienced an unanticipated bump in October as demand from the country’s largest Asian trading partners increased and imports of capital goods fell.
Tax collection at turning point
Business 6 years ago

Tax collection at turning point

Income tax for workers, or PPh 21, as well as corporate income tax are starting to show early signs of improvement in October, despite overall slow revenue collection so far this year
Indonesia posts trade balance surplus amid steep decline in imports
Business 6 years ago

PREMIUM
Indonesia posts trade balance surplus amid steep decline in imports

Indonesia posted a surprise trade surplus in October, beating economists’ expectations of a deficit, as imports declined more quickly than exports amid sluggish global and domestic economic growth.
Slight increase in October inflation rate indicates healthy purchasing power: Economists
Business 6 years ago

PREMIUM
Slight increase in October inflation rate indicates healthy purchasing power: Economists

Year-on-year (yoy) inflation was 3.13 percent last month, lower than the average yoy October inflation of 3.35 percent from 2016 to 2018
Oil and gas companies granted amnesty on data reports
Business 6 years ago

Oil and gas companies granted amnesty on data reports

Oil and gas companies have until October this year to inform the Energy and Mineral Resources Ministry about any unreported data.
It’s time to shop, first nationwide great sale to begin next week
Business 6 years ago

It’s time to shop, first nationwide great sale to begin next week

The Indonesia Great Sale, the country's biggest sales event, will involve 321 shopping centers in 24 provinces.
Retail sales growth slumps in October: BI
Business 7 years ago

Retail sales growth slumps in October: BI

Bank Indonesia’s survey on the retail sector has shown that sales growth in October declined to less than half the figure in September.
Furniture exports see 5 percent increase: Ministry
Business 7 years ago

Furniture exports see 5 percent increase: Ministry

Furniture exports have reached US$1.4 billion in the first 10 months of the year , 4.83 percent higher than the $1.33 billion earned in the same period last year, says the Industry Ministry. 
State expenditure reaches Rp 1.72 quadrillion in first 10 months
Business 7 years ago

State expenditure reaches Rp 1.72 quadrillion in first 10 months

Finance Minister Sri Mulyani Indrawati said on Thursday that state budget spending had reached Rp 1.72 quadrillion (US$117.90 billion) in the first 10 months of 2018, double the spending in the corresponding period, last year.
Indonesia records US$1.82 billion trade deficit in October
Business 7 years ago

Indonesia records US$1.82 billion trade deficit in October

Indonesia has booked another monthly deficit in October after it enjoyed a $230 million surplus in the previous month, Statistics Indonesia (BPS) announced on Thursday.
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