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current-account-deficit

Pertamina loses partners, eyes new investors for refinery megaprojects
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 P...
Risks for rupiah remain high despite recent gains: Experts
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 likel...
Indonesia’s Q1 current account deficit narrows as imports fall
Business 5 years ago

Indonesia’s Q1 current account deficit narrows as imports fall

Indonesia recorded a current account deficit of US$3.9 billion, or 1.4 percent of gross domestic pro...
Current account deficit to narrow in Q1 as pandemic disrupts trade, tourism: BI
Business 5 years ago

Current account deficit to narrow in Q1 as pandemic disrupts trade, tourism: BI

Bank Indonesia expects the current account deficit to reach 1.5 percent in the first quarter this ye...
‘We all should focus on economic diplomacy,’ Jokowi tells Indonesian envoys
World 5 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...
Our country can't be pressured: Jokowi talks trade strategies
Business 5 years ago

Our country can't be pressured: Jokowi talks trade strategies

The President said on Thursday that by reducing imports and boosting exports, the current account de...
Chandra Asri's new plant helps reduce imports: Jokowi
Business 5 years ago

PREMIUM
Chandra Asri's new plant helps reduce imports: Jokowi

Indonesia booked a $1.57 billion trade deficit in the first 10 months of the year, from $5.57 billio...
After Jokowi's criticism, minister appeals to consumers to buy local hoes
Business 5 years ago

After Jokowi's criticism, minister appeals to consumers to buy local hoes

“The quality of locally produced [hoes] is good, and they are ready to use,” Industry Mi...
Indonesia’s best bet for growth is services: Government
Business 5 years ago

PREMIUM
Indonesia’s best bet for growth is services: Government

Bappenas head Bambang Brodjonegoro expects the service sector to become the growth engine by 2045.
New Cabinet: Fresh effort to boost economy
Business 5 years ago

PREMIUM
New Cabinet: Fresh effort to boost economy

With Indonesia’s economy softening and facing pressure from around the world, President Joko &...
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