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View all search resultscurrent-account-deficit
Business 5 years ago
Pertamina loses partners, eyes new investors for refinery megaprojects
Several refineries, once completed, are expected to double Indonesia’s fuel output, enabling Pertamina to meet the country’s growing transportation fuel demand without raising fuel imports, a major contributor to the nation’s trade deficit.
Business 5 years ago
Risks for rupiah remain high despite recent gains: Experts
Bank Indonesia’s (BI) policy measures and a narrowing current account deficit (CAD) will likely support the rupiah amid unfavorable financial market conditions, however risks remain as Indonesia continues to record new COVID-19 cases while facing limited healthcare capacity, experts warn.
World 6 years ago
‘We all should focus on economic diplomacy,’ Jokowi tells Indonesian envoys
President Joko “Jokowi” Widodo instructed all his ambassadors on Thursday to put a heavy focus on economic diplomacy to increase trade and investment flows and turn around the nation's current account and trade deficit.
